The 1996 FIA Formula One World Championship was the 50th season of FIA Formula One motor racing. The championship commenced on 10 March and ended on 13 October after sixteen races. Two World Championship titles were awarded, one for Drivers and one for Constructors. Damon Hill won the Drivers' Championship two years after being beaten by a point by Michael Schumacher, making him the first son of a World Champion (his father Graham having won the title in and ) to have won the title himself. Hill, who had finished runner-up for the past two seasons, was seriously threatened only by his teammate, newcomer Jacques Villeneuve, the 1995 IndyCar and Indianapolis 500 champion. Williams-Renault easily won the Constructors' title, as there was no other competitor strong enough to post a consistent challenge throughout the championship. This was also the beginning of the end of Williams's 1990s dominance, as it was announced that Hill and designer Adrian Newey would depart at the conclusion of the season, with engine manufacturer Renault also leaving after 1997. Two-time defending world champion Michael Schumacher had moved to Ferrari and despite numerous reliability problems, they had gradually developed into a front-running team by the end of the season. Defending Constructors' Champion Benetton began their decline towards the middle of the grid, having lost key personnel due to Schumacher's departure, and failed to win a race. Olivier Panis took the only victory of his career at the Monaco Grand Prix. Teams and drivers The numbering system used since 1974 was dropped. Ferrari was given the numbers 1 and 2 after hiring the defending champion Michael Schumacher, despite finishing the previous year's Constructors' Championship in third, Benetton received numbers 3 and 4 for winning the Constructors' Championship, Williams got numbers 5 and 6 for finishing second, McLaren got 7 and 8 for finishing fourth, Ligier got 9 and 10 for finishing fifth, and so on, with the number 13 being skipped. The following teams and drivers competed in the 1996 FIA Formula One World Championship. All teams competed with tyres supplied by Goodyear. Team changes By receiving an Italian licence the defending Constructors' Champion Benetton officially became an Italian constructor, though it continued to operate from the same base in Britain. Jordan gained a new title sponsor in British cigarette brand Benson & Hedges, who joined oil supplier Total and engine company Peugeot in the team's official name.