Benetton Formula Ltd., commonly referred to just as Benetton, was a Formula 1 constructor that participated coming from 1986 to 2001. The team was owned by the Benetton family who run a worldwide chain of clothing stores from the same name. In 2000 the workforce was purchased by Renault, but competed as Benetton for the 2000 and 2001 months. In 2002 the workforce became Renault F1.The Benetton Group entered Formula One being a sponsor company for Tyrrell within 1983, then Alfa Romeo throughout 1984 and 1985 lastly Toleman in 1985. Benetton Formula Ltd. was formed at the end of 1985 when the Toleman team was sold to the Benetton family. The team began with BMW engines after which later switched to Ford then Renault lastly Playlife.
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This team was managed by simply Flavio Briatore from 1990 until eventually 1997. In about 1991, TWR acquired a one-third stake from the team, bringing in Tom Walkinshaw and Ross Brawn to own the engineering operations. Rocco Benetton, the youngest son involving Luciano Benetton joined the team as Leader in 1998 and let go Briatore. He replaced him together with Prodrive boss David Richards, who lasted only for a year when he way too was fired, due to a disagreement while using Benetton family about future strategy. Following Richards' departure, Rocco Benetton managed the team for 3 years until its sale to Renault.The Benetton team is best known for its achievements with Michael Schumacher, who accounts for 19 with the team's 27 career advantages and their 2 drivers' titles. After switching to Renault engines, they also won the particular constructor's championship in 1995 with Schumacher and Johnny Herbert. After 1995, Schumacher moved to Ferrari together with Ross Brawn, Rory Byrne and 11 various other key figures from his or her two championship winning conditions with Benetton.
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About March 16, 2000, the team was offered to Renault for $120 mil US. As part of their own restructuring, Renault brought back Flavio Briatore since team manager. The team still employed the Playlife engines (even though descended from Renault motors) they'd been using during the last two years. The drivers were Giancarlo Fisichella and also Alexander Wurz. The team scored 20 details, as well as 3 podium surface finishes in 2000 at South america, Monaco and Canada.During their final year in 2001 the owners, Jenson Button and Giancarlo Fisichella, were often on the back two rows of the grid. This was in part attributed to the new 111-degree extensive angle engine. But continued development granted Benetton to leave Formulation 1 on something of the high, and the cars' functionality lifted. Button and Fisichella scored 10 points with the team, including a podium conclude for Fisichella in Belgium.
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In the 1994 season, some rival teams advertised Benetton had found a method to violate the FIA-imposed exclude on electronic aids, including traction control in addition to launch control. On investigation, the FIA discovered "start sequence" (release control) software from the Benetton B194 cars, and a variety associated with illegal software in rival teams' cars at the same time. FIA had no evidence the application was ever used, so teams found while using the software received little to no punishment. No traction control software was found to stay the Benetton cars, however. Flavio Briatore, Benetton's chief in 1994, said in 2001 which "Our only mistake was that back then we were too young and people were suspicious".
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Throughout the 1994 season Benetton removed a fuel filter on the refueling rig used during pit stops. This may have ended in a fire that occurred during Jos Verstappen's 1st pitstop at Hockenheim. This resulted in further inquiries from the FIA, during which, the refuelling rig manufacturer explained that in their opinion the modification would have resulted in 10% higher flow rates than the rules allowed[citation needed]. Again the team journeyed without substantial punishment.
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