Benetton Formulation Ltd., commonly referred to basically as Benetton, was a Formula Just one constructor that participated via 1986 to 2001. The team was owned because of the Benetton family who run an internationally chain of clothing stores from the same name. In 2000 the team was purchased by Renault, but competed as Benetton to the 2000 and 2001 conditions. 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 last but not least Toleman in 1985. Benetton Formula Ltd. was formed at the tip of 1985 when this Toleman team was sold for the Benetton family. The team began with BMW engines and later switched to Ford then Renault and finally Playlife.
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The actual team was managed by means of 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 run the engineering operations. Rocco Benetton, the youngest son associated with Luciano Benetton joined the team as Leader in 1998 and dismissed Briatore. He replaced him using Prodrive boss David Richards, who lasted only to get a year when he also was fired, due to a disagreement with the Benetton family about upcoming strategy. Following Richards' departure, Rocco Benetton managed the team for several years until its sale to help Renault.The Benetton team is better known for its success with Michael Schumacher, who accounts for 19 with the team's 27 career wins and their 2 drivers' competition. After switching to Renault applications, they also won the actual constructor's championship in 1995 with Schumacher and Johnny Herbert. After 1995, Schumacher moved to Ferrari in addition to Ross Brawn, Rory Byrne and 11 various other key figures from their two championship winning seasons with Benetton.
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About March 16, 2000, the team was sold to Renault for $120 million US. As part of their own restructuring, Renault brought back Flavio Briatore seeing that team manager. The team still utilised the Playlife engines (even though descended from Renault motors) they'd been using the past two years. The drivers were Giancarlo Fisichella along with Alexander Wurz. The team scored 20 things, as well as 3 podium completes in 2000 at South america, Monaco and Canada.During their final period in 2001 the individuals, Jenson Button and Giancarlo Fisichella, were often on the back two rows of your grid. This was in part caused by the new 111-degree large angle engine. But continued development granted Benetton to leave Formula 1 on something of a high, and the cars' effectiveness lifted. Button and Fisichella scored 10 points for your team, including a podium complete for Fisichella in Belgium.
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Through the 1994 season, some rival teams stated Benetton had found a way to violate the FIA-imposed prohibit on electronic aids, including traction control and launch control. On investigation, the FIA discovered "start sequence" (introduction control) software inside the Benetton B194 cars, and a variety associated with illegal software in rival teams' cars likewise. FIA had no evidence the application was ever used, so teams found with the software received little to be able to no punishment. No traction control software was found to be in the Benetton cars, however. Flavio Briatore, Benetton's chief in 1994, said in 2001 of which "Our only mistake was that back then we were too young the ones were suspicious".
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Over the 1994 season Benetton taken out a fuel filter on the refueling rig used while in pit stops. This may have ended in a fire that was held during Jos Verstappen's very first pitstop at Hockenheim. This resulted in further inquiries through the FIA, during which, the refuelling rig manufacturer made clear that in their opinion the modification would've resulted in 10% higher flow rates as opposed to rules allowed[citation needed]. Again the team journeyed without substantial punishment.
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