Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

Motorsport

Former Ferrari F1 boss Luca Di Montezemolo joins McLaren Automotive board

McLaren McLaren Automotive Ferrari

Former Ferrari chief Luca Di Montezemolo has been appointed as a director of the McLaren Group Holdings Limited, which controls the McLaren Automotive business and has a minority stake in the F1 team.

On Friday, McLaren Group Holdings Ltd made a Companies House filing in the UK to appoint Di Montezemelo to its board of directors, which will see the Italian become the ninth director of the company.

Di Montezemolo was a key figure behind Ferrari's F1 resurgence in the late '90s and served as chairman at the Italian powerhouse until 2014.

He has now joined the McLaren Group Holdings Limited, which controls the automotive side of the business and has a minority stake in McLaren Group, which its racing teams falls under, but his scope is understood to be limited to the road car business.

"My heart is and will always remain red, I have become a board member of McLaren Automotive, which produces road cars, and is not involved in F1," Di Montezemolo was quoted by Italian news agency ANSA.

The appointment comes after Abu Dhabi-based investment firm CYVN Holdings finalised its takeover of McLaren Automotive under the UK-based McLaren Group Holdings Limited umbrella in April.

Luca di Montexemolo in parc ferme (Photo by: Mario Renzi - Formula 1 - Getty Images)

CYVN said in April its strategy for McLaren's road car business will include expanding into "high-performance and luxury sectors, setting a new benchmark for excellence, and transforming McLaren into a high-performing British automotive business on the global stage."

In May it installed Nick Collins as the new McLaren Automotive CEO, who serves alongside Di Montezemolo on the board of directors. Earlier this week, McLaren Group chairman Paul Walsh was also added to the same board.

Meanwhile, McLaren Racing - and its parent company McLaren Group - is still majority owned by Mumtalakat, the sovereign wealth fund of the Kingdom of Bahrain.

Motorsport.com has reached out to McLaren Automotive for comment.

Photos from Austrian GP - Practice

Max Verstappen, Red Bull Racing

2025 Austrian Grand Prix - Friday

Alexander Albon, Williams

2025 Austrian Grand Prix - Friday

Lando Norris, McLaren

2025 Austrian Grand Prix - Friday

Mike Whiddett in the Paddock

2025 Austrian Grand Prix - Friday

Andrea Kimi Antonelli, Mercedes

2025 Austrian Grand Prix - Friday

Charles Leclerc, Ferrari

2025 Austrian Grand Prix - Friday

Oliver Bearman, Haas F1 Team, Carlos Sainz, Williams

2025 Austrian Grand Prix - Friday

Lewis Hamilton, Ferrari

2025 Austrian Grand Prix - Friday

Nico Hulkenberg, Sauber

2025 Austrian Grand Prix - Friday

Oliver Bearman, Haas F1 Team

2025 Austrian Grand Prix - Friday

Carlos Sainz, Williams, Alexander Albon, Williams

2025 Austrian Grand Prix - Friday

Esteban Ocon, Haas F1 Team

2025 Austrian Grand Prix - Friday

Gabriel Bortoleto, Sauber

2025 Austrian Grand Prix - Friday

Emerson Fittipaldi and Emerson Fittipaldi Jr walk in the Paddock

2025 Austrian Grand Prix - Friday

George Russell, Mercedes

2025 Austrian Grand Prix - Friday

Lando Norris, McLaren

2025 Austrian Grand Prix - Friday

Lando Norris, McLaren

2025 Austrian Grand Prix - Friday

Nico Hulkenberg, Sauber, Gabriel Bortoleto, Sauber

2025 Austrian Grand Prix - Friday

Liam Lawson, Racing Bulls Team

2025 Austrian Grand Prix - Friday

Pierre Gasly, Alpine

2025 Austrian Grand Prix - Friday

Liam Lawson, Racing Bulls Team

2025 Austrian Grand Prix - Friday

Nico Hulkenberg, Sauber

2025 Austrian Grand Prix - Friday

Liam Lawson, Racing Bulls Team

2025 Austrian Grand Prix - Friday

Max Verstappen, Red Bull Racing

2025 Austrian Grand Prix - Friday

Liam Lawson, Racing Bulls Team

2025 Austrian Grand Prix - Friday

George Russell, Mercedes

2025 Austrian Grand Prix - Friday

George Russell, Mercedes

2025 Austrian Grand Prix - Friday

Alex Dunne, McLaren

2025 Austrian Grand Prix - Friday

Max Verstappen, Red Bull Racing

2025 Austrian Grand Prix - Friday

Esteban Ocon, Haas F1 Team

2025 Austrian Grand Prix - Friday

Pierre Gasly, Alpine

2025 Austrian Grand Prix - Friday

Oliver Bearman, Haas F1 Team

2025 Austrian Grand Prix - Friday

Yuki Tsunoda, Red Bull Racing Team

2025 Austrian Grand Prix - Friday

Oscar Piastri, McLaren

2025 Austrian Grand Prix - Friday

Lewis Hamilton, Ferrari

2025 Austrian Grand Prix - Friday

George Russell, Mercedes

2025 Austrian Grand Prix - Friday

Max Verstappen, Red Bull Racing

2025 Austrian Grand Prix - Friday

Gabriel Bortoleto, Sauber

2025 Austrian Grand Prix - Friday

Fernando Alonso, Aston Martin Racing

2025 Austrian Grand Prix - Friday

Aston Martin F1 Team Pitstop practice

2025 Austrian Grand Prix - Friday

Ferrari SF-25, dettaglio tecnico

2025 Austrian Grand Prix - Friday

Alex Dunne, McLaren

2025 Austrian Grand Prix - Friday

Fernando Alonso, Aston Martin Racing

2025 Austrian Grand Prix - Friday

Lando Norris, McLaren

2025 Austrian Grand Prix - Friday

Helmut Marko, Red Bull Racing, Max Verstappen, Red Bull Racing

2025 Austrian Grand Prix - Friday

Oscar Piastri, McLaren

2025 Austrian Grand Prix - Friday

Lando Norris, McLaren

2025 Austrian Grand Prix - Friday

Charles Leclerc, Ferrari

2025 Austrian Grand Prix - Friday

Fernando Alonso, Aston Martin Racing

2025 Austrian Grand Prix - Friday

Franco Colapinto, Alpine

2025 Austrian Grand Prix - Friday

Charles Leclerc, Ferrari

2025 Austrian Grand Prix - Friday

Lando Norris, McLaren

2025 Austrian Grand Prix - Friday

Andrea Kimi Antonelli, Mercedes

2025 Austrian Grand Prix - Friday

Lewis Hamilton, Ferrari

2025 Austrian Grand Prix - Friday

Andrea Kimi Antonelli, Mercedes

2025 Austrian Grand Prix - Friday

Yuki Tsunoda, Red Bull Racing Team

2025 Austrian Grand Prix - Friday

Lewis Hamilton, Ferrari

2025 Austrian Grand Prix - Friday

Lando Norris, McLaren

2025 Austrian Grand Prix - Friday

Formula 1

58

In this article

Filip Cleeren

Formula 1

Be the first to know and subscribe for real-time news email updates on these topics

Sign up to read this article

Read news from 100’s of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

France Imposes Smoking Ban On Beaches, Parks

France Imposes Smoking Ban On Beaches, Parks

Anyone who lights up on a beach or in a public park in France will be breaking the law from Sunday under new rules aimed at protecting children from the dangers of passive smoking.

International Business Times

‘It’s not football’: Maresca furious after Chelsea’s two-hour weather delay

‘It’s not football’: Maresca furious after Chelsea’s two-hour weather delay

Manager says US ‘not the right place’ to host Club World Cup after Chelsea beat Benfica 1-4 in extra time

The Guardian - AU

NASCAR halts Atlanta Cup race after huge crash collects half the field

NASCAR halts Atlanta Cup race after huge crash collects half the field

Early in the second stage at Atlanta, complete chaos broke out on Lap 69. John-Hunter Nemechek was running inside the top ten when the race got back underway, but down the back stretch, a bump from Denny Hamlin sent him into the outside wall.

US sees spate of arrests of civilians impersonating Ice officers

US sees spate of arrests of civilians impersonating Ice officers

Experts say trend of agents detaining people while masking and wearing plainclothes increases risk

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Veteran LA political adviser detained at US airport – and thinks having Obama-Biden T-shirt in his luggage may have been why

Veteran LA political adviser detained at US airport – and thinks having Obama-Biden T-shirt in his luggage may have been why

‘I know how the system works and have pretty good connections and I was still freaking out,’ Rick Taylor says

The Independent UK

Anti-Trump conservative Don Bacon will not seek re-election to Nebraska congressional seat eyed by Dems

Anti-Trump conservative Don Bacon will not seek re-election to Nebraska congressional seat eyed by Dems

Trump critic represents swing district that includes Omaha, prompting optimism that Democrats could take vacated seat

The Guardian - US

Related Stories

Top stories on inkl right now

France Imposes Smoking Ban On Beaches, Parks

France Imposes Smoking Ban On Beaches, Parks

Anyone who lights up on a beach or in a public park in France will be breaking the law from Sunday under new rules aimed at protecting children from the dangers of passive smoking.

International Business Times

‘It’s not football’: Maresca furious after Chelsea’s two-hour weather delay

‘It’s not football’: Maresca furious after Chelsea’s two-hour weather delay

Manager says US ‘not the right place’ to host Club World Cup after Chelsea beat Benfica 1-4 in extra time

The Guardian - AU

NASCAR halts Atlanta Cup race after huge crash collects half the field

NASCAR halts Atlanta Cup race after huge crash collects half the field

Early in the second stage at Atlanta, complete chaos broke out on Lap 69. John-Hunter Nemechek was running inside the top ten when the race got back underway, but down the back stretch, a bump from Denny Hamlin sent him into the outside wall.

US sees spate of arrests of civilians impersonating Ice officers

US sees spate of arrests of civilians impersonating Ice officers

Experts say trend of agents detaining people while masking and wearing plainclothes increases risk

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Veteran LA political adviser detained at US airport – and thinks having Obama-Biden T-shirt in his luggage may have been why

Veteran LA political adviser detained at US airport – and thinks having Obama-Biden T-shirt in his luggage may have been why

‘I know how the system works and have pretty good connections and I was still freaking out,’ Rick Taylor says

The Independent UK

Anti-Trump conservative Don Bacon will not seek re-election to Nebraska congressional seat eyed by Dems

Anti-Trump conservative Don Bacon will not seek re-election to Nebraska congressional seat eyed by Dems

Trump critic represents swing district that includes Omaha, prompting optimism that Democrats could take vacated seat

The Guardian - US

Our Picks

“He was the kind of guy who liked confrontation, and I would always give it to him”: This is what Deep Purple’s Ritchie Blackmore really thought about Led Zeppelin drummer John Bonham

Friendship or rivalry? A little bit of both

France to ban smoking in schools, parks, beaches to protect children

Starting Sunday, smoking will be banned on beaches, in parks, and at bus shelters. The government’s decree extending the ban to certain outdoor public spaces was published in the Official Journal on Saturday. For now, no fines will be issued for violations.

‘They literally left me with 1 blanket and a cat bed’: Woman hires All My Sons movers. Then they ‘steal’ all her stuff

Moving is one of the most dreaded tasks. One creator says they had a particularly nightmarish experience when their moving company packed up their stuff, then unexpectedly vanished for the night. Meghin (@ex_barista) says they contacted All My Sons in Mechanicsville, Virginia, a week before their move.

Charlize Theron shares her two dating app red flags after signing up to Raya

‘No, I don’t like it,’ actor said

The Independent UK

First Steps to ruin: Is Marvel’s Fantastic Four finally about to let the bad guys win?

Is cosmic obliteration really what the future holds, as the latest trailer for the forthcoming First Steps appears to show?

The Guardian - UK

Back to the Future at 40: the trilogy has never been remade – let’s hope that doesn’t change

It has now been four decades since Marty McFly first hit 88 miles per hour in a time-travelling DeLorean. Robert Zemeckis’s sci-fi adventure blockbuster didn’t just navigate the space-time continuum onscreen (thanks to the flux capacitor). It also found a lasting place in the hearts of its audience.

The Conversation

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play