Benetton Formulation Ltd., commonly referred to purely as Benetton, was a Formula One particular constructor that participated coming from 1986 to 2001. The team was owned by the Benetton family who run an international chain of clothing stores in the same name. In 2000 the crew was purchased by Renault, but competed as Benetton with the 2000 and 2001 conditions. In 2002 the workforce became Renault F1.The Benetton Group entered Formula One as being a sponsor company for Tyrrell inside 1983, then Alfa Romeo within 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 to the Benetton family. The team began with BMW engines then later switched to Ford then Renault and finally Playlife.
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The actual team was managed by Flavio Briatore from 1990 until 1997. In about 1991, TWR acquired a one-third stake in the team, bringing in Tom Walkinshaw and Ross Brawn to operate the engineering operations. Rocco Benetton, the youngest son associated with Luciano Benetton joined the team as Chief executive in 1998 and terminated Briatore. He replaced him with Prodrive boss David Richards, who lasted only for any year when he far 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 better known for its achievements with Michael Schumacher, who accounts for 19 from the team's 27 career victories and their 2 drivers' titles. After switching to Renault machines, 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 different key figures from his two championship winning months with Benetton.
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In March 16, 2000, the team was marketed to Renault for $120 million US. As part of his or her restructuring, Renault brought back Flavio Briatore since team manager. The team still utilised the Playlife engines (although descended from Renault motors) that they had been using for the last two years. The drivers were Giancarlo Fisichella in addition to Alexander Wurz. The team scored 20 factors, as well as 3 podium finishes in 2000 at South america, Monaco and Canada.During their final time in 2001 the individuals, Jenson Button and Giancarlo Fisichella, were often on a corner two rows of the grid. This was in part due to the new 111-degree wide angle engine. But continued development permitted Benetton to leave Formula 1 on something of an high, and the cars' overall performance lifted. Button and Fisichella scored 10 points with the team, including a podium conclude for Fisichella in Belgium.
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Over the 1994 season, some rival teams stated Benetton had found ways to violate the FIA-imposed bar on electronic aids, including traction control and also launch control. On investigation, the FIA discovered "start sequence" (kick off control) software in the Benetton B194 cars, and a variety of illegal software in rival teams' cars also. FIA had no evidence the software was ever used, so teams found while using software received little in order 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 in which "Our only mistake was that right at that moment we were too young and individuals were suspicious".
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Over the 1994 season Benetton taken off a fuel filter on the refueling rig used throughout pit stops. This may have generated a fire that occurred during Jos Verstappen's 1st pitstop at Hockenheim. This resulted in further inquiries because of the FIA, during which, the refuelling rig manufacturer clarified that in their opinion the modification might have resulted in 10% higher flow rates than the rules allowed[citation needed]. Again the team journeyed without substantial punishment.
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