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Benetton Formula Ltd., commonly referred to simply as Benetton, was a Formula Just one constructor that participated coming from 1986 to 2001. The team was owned through the Benetton family who run a worldwide chain of clothing stores from the same name. In 2000 the crew was purchased by Renault, but competed as Benetton for that 2000 and 2001 conditions. In 2002 the crew became Renault F1.The Benetton Group entered Formula One like a sponsor company for Tyrrell throughout 1983, then Alfa Romeo inside 1984 and 1985 and then Toleman in 1985. Benetton Formula Ltd. was formed at the finish of 1985 when the Toleman team was sold to the Benetton family. The team began with BMW engines and then later switched to Ford then Renault and lastly Playlife.
The actual team was managed by simply Flavio Briatore from 1990 until finally 1997. In about 1991, TWR acquired a one-third stake inside team, bringing in Tom Walkinshaw and Ross Brawn to perform the engineering operations. Rocco Benetton, the youngest son involving Luciano Benetton joined the team as Chief executive in 1998 and terminated Briatore. He replaced him together with Prodrive boss David Richards, who lasted only to get a year when he too was fired, due to a disagreement with the Benetton family about foreseeable future strategy. Following Richards' departure, Rocco Benetton managed the team for several years until its sale to be able to Renault.The Benetton team 's best known for its achievements with Michael Schumacher, who accounts for 19 in the team's 27 career advantages and their 2 drivers' competition. After switching to Renault motors, they also won the constructor's championship in 1995 with Schumacher and Johnny Herbert. After 1995, Schumacher moved to Ferrari in conjunction with Ross Brawn, Rory Byrne and 11 some other key figures from the two championship winning months with Benetton.
On March 16, 2000, the team was available to Renault for $120 million US. As part of his or her restructuring, Renault brought back Flavio Briatore as team manager. The team still employed the Playlife engines (though descended from Renault motors) they'd been using the past two years. The drivers were Giancarlo Fisichella in addition to Alexander Wurz. The team scored 20 things, as well as 3 podium completes in 2000 at South america, Monaco and Canada.During their final time of year in 2001 the owners, Jenson Button and Giancarlo Fisichella, were often on the back two rows of the grid. This was in part related to the new 111-degree extensive angle engine. But continued development allowed Benetton to leave Formula 1 on something of any high, and the cars' functionality lifted. Button and Fisichella scored 10 points for that team, including a podium finish for Fisichella in Belgium.
During the 1994 season, some rival teams advertised Benetton had found a method to violate the FIA-imposed prohibit on electronic aids, including traction control and launch control. On investigation, the FIA discovered "start sequence" (start control) software in the Benetton B194 cars, and a variety associated with illegal software in rival teams' cars as well. FIA had no evidence the program was ever used, so teams found while using the 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 in which "Our only mistake was that back then we were too young the ones were suspicious".
Through the 1994 season Benetton taken off a fuel filter from the refueling rig used while in pit stops. This may have generated a fire that occurred during Jos Verstappen's very first pitstop at Hockenheim. This resulted in further inquiries with the FIA, during which, the refuelling rig manufacturer explained that in their opinion the modification would've resulted in 10% higher flow rates compared to rules allowed[citation needed]. Again the team journeyed without substantial punishment.
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