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Benetton Formulation Ltd., commonly referred to just as Benetton, was a Formula Just one constructor that participated coming from 1986 to 2001. The team was owned because of 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 the 2000 and 2001 times. In 2002 the staff became Renault F1.The Benetton Group entered Formula One like 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 finish of 1985 when the Toleman team was sold for the Benetton family. The team began with BMW engines then later switched to Ford then Renault and lastly Playlife.
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The actual team was managed by Flavio Briatore from 1990 until eventually 1997. In about 1991, TWR acquired a one-third stake in the team, bringing in Tom Walkinshaw and Ross Brawn to run the engineering operations. Rocco Benetton, the youngest son of Luciano Benetton joined the team as Chief executive in 1998 and fired Briatore. He replaced him with Prodrive boss David Richards, who lasted only for just a year when he way too was fired, due to a disagreement with the Benetton family about long term strategy. Following Richards' departure, Rocco Benetton managed the team for three years until its sale in order to Renault.The Benetton team is the most suitable known for its good results with Michael Schumacher, who accounts for 19 with the team's 27 career wins and their 2 drivers' competition. After switching to Renault machines, they also won this constructor's championship in 1995 along with Schumacher and Johnny Herbert. After 1995, Schumacher moved to Ferrari in addition to Ross Brawn, Rory Byrne and 11 additional key figures from their two championship winning months with Benetton.
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With March 16, 2000, the team was distributed to Renault for $120 mil US. As part of his or her restructuring, Renault brought back Flavio Briatore while team manager. The team still utilized the Playlife engines (even though descended from Renault motors) that they had been using for the last two years. The drivers were Giancarlo Fisichella and also Alexander Wurz. The team scored 20 items, as well as 3 podium completes in 2000 at South america, Monaco and Canada.During their final season in 2001 the drivers, Jenson Button and Giancarlo Fisichella, were often on a corner two rows of the particular grid. This was in part attributed to the new 111-degree extensive angle engine. But continued development granted Benetton to leave Formulation 1 on something of an high, and the cars' functionality lifted. Button and Fisichella scored 10 points with the team, including a podium end for Fisichella in Belgium.
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Throughout the 1994 season, some rival teams said Benetton had found a means to violate the FIA-imposed bar on electronic aids, including traction control and also launch control. On investigation, the FIA discovered "start sequence" (introduction control) software inside Benetton B194 cars, and a variety regarding 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 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 "Our only mistake was that right at that moment we were too young the ones were suspicious".
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In the 1994 season Benetton removed a fuel filter from your refueling rig used in the course of pit stops. This may have ended in a fire that was held during Jos Verstappen's primary 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 have resulted in 10% higher flow rates as opposed to rules allowed[citation needed]. Again the team journeyed without substantial punishment.
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