The Virginia Tech Hokies as evidenced by their streak of 7 consecutive seasons with 10 or more wins.
University of Florida
The Michigan Wolverines are the most winningest college football team in FBS history.
The college football team that had the most wins during the 1990's was, Florida State.
The Arkansas Razorbacks from the University of Arkansas are the most successful Arkansas football team. Arkansas does not have a National Football team, therefore the most successful team would be a college team.
The University of Michigan has the most college football wins of any NCAA team.