Benetton Formulation Ltd., commonly referred to purely as Benetton, was a Formula Just one constructor that participated from 1986 to 2001. The team was owned from the Benetton family who run an internationally chain of clothing stores of the same name. In 2000 the crew was purchased by Renault, but competed as Benetton for that 2000 and 2001 months. In 2002 the crew became Renault F1.The Benetton Group entered Formula One as being a sponsor company for Tyrrell in 1983, then Alfa Romeo with 1984 and 1985 and lastly Toleman in 1985. Benetton Formula Ltd. was formed at the final of 1985 when this Toleman team was sold to the Benetton family. The team began with BMW engines then later switched to Ford then Renault and lastly Playlife.
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The particular team was managed through Flavio Briatore from 1990 till 1997. In about 1991, TWR acquired a one-third stake inside the team, bringing in Tom Walkinshaw and Ross Brawn to perform the engineering operations. Rocco Benetton, the youngest son of Luciano Benetton joined the team as Chief executive in 1998 and let go Briatore. He replaced him together with Prodrive boss David Richards, who lasted only for any year when he too was fired, due to a disagreement with all the Benetton family about potential strategy. Following Richards' departure, Rocco Benetton managed the team for several years until its sale to be able to Renault.The Benetton team is the most suitable known for its success with Michael Schumacher, who accounts for 19 in the team's 27 career advantages and their 2 drivers' competition. After switching to Renault search engines, they also won the actual constructor's championship in 1995 along with Schumacher and Johnny Herbert. After 1995, Schumacher moved to Ferrari together with Ross Brawn, Rory Byrne and 11 different key figures from the two championship winning conditions with Benetton.
On March 16, 2000, the team was available to Renault for $120 million US. As part of their particular restructuring, Renault brought back Flavio Briatore as team manager. The team still employed the Playlife engines (while descended from Renault motors) that they been using the past two years. The drivers were Giancarlo Fisichella as well as Alexander Wurz. The team scored 20 details, as well as 3 podium is done in 2000 at South america, Monaco and Canada.During their final season in 2001 the individuals, Jenson Button and Giancarlo Fisichella, were often on the spine two rows of the grid. This was in part caused by the new 111-degree vast angle engine. But continued development authorized Benetton to leave Solution 1 on something of the high, and the cars' efficiency lifted. Button and Fisichella scored 10 points for the team, including a podium end for Fisichella in Belgium.
Over the 1994 season, some rival teams advertised Benetton had found a means to violate the FIA-imposed bar on electronic aids, including traction control as well as launch control. On investigation, the FIA discovered "start sequence" (start control) software within the Benetton B194 cars, and a variety of illegal software in rival teams' cars too. FIA had no evidence the application was ever used, so teams found while using software received little to be able 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 that will "Our only mistake was that back then we were too young and people were suspicious".
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Throughout the 1994 season Benetton taken off a fuel filter from the refueling rig used in the course of pit stops. This may have resulted in a fire that was held during Jos Verstappen's 1st pitstop at Hockenheim. This resulted in further inquiries from the FIA, during which, the refuelling rig manufacturer clarified that in their opinion the modification could have resulted in 10% higher flow rates compared to the rules allowed[citation needed]. Again the team gone without substantial punishment.
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