Benetton Formulation Ltd., commonly referred to basically as Benetton, was a Formula One particular constructor that participated by 1986 to 2001. The team was owned with the Benetton family who run an international chain of clothing stores with the same name. In 2000 the group was purchased by Renault, but competed as Benetton to the 2000 and 2001 seasons. In 2002 the staff became Renault F1.The Benetton Group entered Formula One being a sponsor company for Tyrrell within 1983, then Alfa Romeo with 1984 and 1985 and lastly Toleman in 1985. Benetton Formula Ltd. was formed at the conclusion of 1985 when the particular Toleman team was sold towards Benetton family. The team began with BMW engines after which later switched to Ford then Renault lastly Playlife.
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The team was managed simply 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 own the engineering operations. Rocco Benetton, the youngest son regarding Luciano Benetton joined the team as Chief executive in 1998 and let go Briatore. He replaced him with Prodrive boss David Richards, who lasted only for the year when he also was fired, due to a disagreement while using Benetton family about foreseeable future strategy. Following Richards' departure, Rocco Benetton managed the team for 3 years until its sale to help Renault.The Benetton team is most beneficial known for its achievements with Michael Schumacher, who accounts for 19 in the team's 27 career wins and their 2 drivers' championships. After switching to Renault machines, they also won the actual constructor's championship in 1995 having Schumacher and Johnny Herbert. After 1995, Schumacher moved to Ferrari in addition to Ross Brawn, Rory Byrne and 11 some other key figures from his or her two championship winning periods with Benetton.
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On March 16, 2000, the team was offered to Renault for $120 million US. As part of the restructuring, Renault brought back Flavio Briatore seeing that team manager. The team still utilised the Playlife engines (although descended from Renault motors) they been using during the last two years. The drivers were Giancarlo Fisichella as well as Alexander Wurz. The team scored 20 items, as well as 3 podium finishes in 2000 at Brazil, Monaco and Canada.During their final period in 2001 the owners, Jenson Button and Giancarlo Fisichella, were often on a corner two rows of the actual grid. This was in part caused by the new 111-degree large angle engine. But continued development permitted Benetton to leave System 1 on something of your high, and the cars' efficiency lifted. Button and Fisichella scored 10 points for that team, including a podium conclude for Fisichella in Belgium.
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Over the 1994 season, some rival teams claimed Benetton had found a way to violate the FIA-imposed exclude on electronic aids, including traction control and launch control. On investigation, the FIA discovered "start sequence" (start control) software inside the Benetton B194 cars, and a variety involving 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 people were suspicious".
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Through the 1994 season Benetton taken off a fuel filter through the refueling rig used in the course of pit stops. This may have triggered a fire that took place during Jos Verstappen's first pitstop at Hockenheim. This resulted in further inquiries from the FIA, during which, the refuelling rig manufacturer made clear that in their opinion the modification would've resulted in 10% higher flow rates versus rules allowed[citation needed]. Again the team journeyed without substantial punishment.
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