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The Benetton team is best known for its success with Michael Schumacher. He accounts for 21 of the team's 27 career victories and their 2 driver's championships. They won the constructor's championship in 1995 with Schumacher and Johnny Herbert. After 1995, Schumacher moved to Ferrari along with Ross Brawn, Nigel Stepney, Rory Byrne and 11 other key figures from his two championship winning seasons with Benetton. From this point, the Benetton team was never what it once was.
Benetton began with BMW engines and then switched to Ford. After Schumacher's first title Benetton switched to the Renault V10.
The team was sold for the 2001 season to Renault. Renault brought back Flavio Briatore as team manager. During the 2001 season the drivers Jenson Button and Giancarlo Fisichella were often on the back two rows of the grid. This was in part attributed to the new 110-degree wide angle engine.
The team was renamed Renault F1 for 2002 and in 2005 would see its driver Fernando Alonso win the World Championship, as well as taking home the Constructors Championship.
(http://en.wikipedia.org)
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