Luca Cordero di Montezemolo

Luca di Montezemolo: The Man Behind Ferrari’s Modern Dominance

Header image: Financial Times

ROSSOautomobili 2023 storeFew figures in modern automotive history have shaped a legendary brand as profoundly as Luca Cordero di Montezemolo. Highly respected by Ferrari fans and across the global car industry, Montezemolo stands as the architect of Ferrari’s modern golden age.

This Hall of Fame tribute explores Montezemolo’s journey, his philosophy and the legacy he left at Maranello. For more on other Ferrari icons, visit the official ROSSOautomobili Hall of Fame.

Early Ferrari success

Born in Bologna in 1947, Luca Cordero di Montezemolo’s destiny became intertwined with Ferrari at a remarkably young age. In the early 1970s, he joined the brand as assistant to Enzo Ferrari. This was not an honorary role: Montezemolo worked directly alongside Il Commendatore during one of the most turbulent periods in the Scuderia’s history, absorbing Enzo’s strict values and his belief that racing excellence must always come before commercial success.

Enzo Ferrari, Niki Lauda and Luca Cordero di Montezemolo

Enzo Ferrari, Niki Lauda and Luca Cordero di Montezemolo

Photo: Ferrari

At just 26 years old, Montezemolo was appointed sporting director of the Ferrari’s Formula 1 team. Under his stewardship, the team claimed the 1975 and 1977 F1 Constructors’ and Drivers’ Titles with Niki Lauda. These early successes established Montezemolo as a leader capable of managing pressure, talent and politics at the highest level of motorsport.

Departure and return

Following his first Ferrari chapter, Montezemolo broadened his executive experience across Italian industry. He held senior roles at the Fiat Group and later became president of Cinzano and Italia ’90, the organizing committee of the FIFA World Cup hosted in Italy. These years sharpened his commercial instincts and global outlook, qualities that would later prove essential to Ferrari’s transformation.

Gianni Agnelli and Luca Cordero di Montezemolo in 1985

Gianni Agnelli and Luca Cordero di Montezemolo in 1985

Photo: Italy On This Day

When Montezemolo returned to Maranello in 1991 as president of Ferrari and appointed by Gianni Agnelli, the company was at a crossroads. It had been struggling since Enzo Ferrari's death in 1988. Ferrari’s Formula 1 results were inconsistent, quality issues affected road cars and the brand was in danger of becoming less exclusive. Montezemolo’s assignment was clear: restore the brand’s credibility while safeguarding its soul.

Montezemolo’s contributions to motor racing were formally recognized in 1997, when he became the first company manager ever to receive the Lorenzo Bandini Trophy, an annual honour celebrating noteworthy achievements in Formula 1.

Rebuilding Ferrari

Montezemolo’s genius lay in his ability to see Ferrari as a complete ecosystem rather than a collection of disconnected departments. He reorganized management, clarified decision making and insisted on accountability across engineering, racing and production.

In Formula 1, his most defining decision was assembling a strong three man leadership structure that would become legendary. He recruited Jean Todt as team principal, paired him with Ross Brawn and secured Michael Schumacher as lead driver. Together, this group ended Ferrari’s 21 year wait for a drivers’ championship in 2000 and initiated an era of domination rarely seen in modern sport.

Jean Todt, Michael Schumacher and Luca Cordero di Montezemolo

Jean Todt, Michael Schumacher and Luca Cordero di Montezemolo

Photo: Motorsport.com

From 1999 to 2004, Ferrari won six Constructors’ Championships and five consecutive drivers’ titles with Schumacher. Under Montezemolo’s guidance, the team set standards for professionalism, preparation and unity that reshaped Formula 1 itself.

Road cars

While Formula 1 success captured headlines, Montezemolo’s impact on Ferrari road cars was equally transformative. He understood that exclusivity, craftsmanship and emotional appeal were the brand’s greatest assets. Production volumes were tightly controlled, quality standards raised and design language refined.

Ferrari F430 Spider

Photo: Ferrari

Models such as the 360 Modena, F430 and 599 GTB Fiorano reflected a renewed confidence. They combined cutting edge engineering with unmistakable Ferrari character. Montezemolo also championed Ferrari’s limited series philosophy, leading to icons such as the Enzo Ferrari and later the LaFerrari, cars that reinforced the brand’s position at the pinnacle of performance and desirability.

Crucially, Montezemolo resisted the temptation to chase volume for short term profit. He often repeated that Ferrari would never become a mass manufacturer, a position that preserved brand strength and protected long term value.

Passion for speed

In addition to his achievements at Ferrari and in broader Italian industry, Montezemolo played a key role in transforming Italy’s transport landscape. In 2006, he was among the founders of Nuovo Trasporto Viaggiatori (NTV), an Italian company created to compete on the country’s high-speed rail network following the end of state control of the sector.

Nuovo Trasporto Viaggiatori (NTV)

Photo: Hoff1980

NTV became the first private open access high-speed rail operator in Europe, running trains capable of 300 km/h and challenging the long-standing national monopoly in passenger rail service when it began operations in April 2012 under the Italobrand. Montezemolo served as NTV’s president in its early years, launching the company that broadened competition and choice in European rail travel.

Expanding Ferrari as cultural symbol

Beyond products and trophies, Montezemolo elevated the brand as a global cultural icon. He expanded Ferrari’s presence in lifestyle ventures, from fashion to theme parks, while ensuring these extensions reinforced rather than diluted the brand. Ferrari under Montezemolo became a symbol of Italian excellence, craftsmanship and passion recognized far beyond the automotive world.

Ferrari World Abu Dhabi

Photo: Ferrari World Abu Dhabi

His communication is said to be personal and emotional. Montezemolo spoke of Ferrari as a living organism, defined by people, history and racing spirit. This style resonated deeply with enthusiasts and helped Ferrari maintain authenticity in an era of increasing corporatization.

Departure from Ferrari

Montezemolo’s leadership was rooted in human relationships. He believed in talent, loyalty and motivation, often describing Ferrari as a family bound by shared values. He demanded excellence but also encouraged creativity, in particular from his engineers and designers.

Luca Cordero di Montezemolo at race track

Photo: Ferrari

However, his tenure was not without challenges. Rising costs in Formula 1, tensions with parent company Fiat and shifting market dynamics tested his authority. Still, Montezemolo remained fiercely protective of Ferrari’s independence and identity until his departure in 2014. He was replaced by FIAT Chrysler CEO Sergio Marchionne.

Controversial move

In June 2025, Luca Cordero di Montezemolo was appointed as a director of McLaren Group Holdings. The British automotive and motorsport company has long been regarded as a competitor to Ferrari, making the appointment notable given Montezemolo’s history at Maranello.

Luca Cordero di Montezemolo and Oscar Piastri

Photo: Xavi Bonilla

His position, however, relates to McLaren’s road-car business rather than its Formula One operations. The move reflects the increasingly interconnected nature of the global automotive industry, where senior leadership roles often extend across former competitive boundaries.

Legacy at Maranello

When Luca Cordero di Montezemolo stepped down, he left behind a Ferrari fundamentally stronger than the one he inherited. The company was financially robust and globally admired. His influence continues to shape the brand’s approach to racing, branding and product philosophy.

Montezemolo belongs in Ferrari’s Hall of Fame not simply for the championships and cars produced under his leadership, but for restoring balance between commerce and passion. He ensured that Ferrari remained Ferrari, faithful to Enzo’s vision while evolving for a modern world.

Luca Cordero di Montezemolo at Fiorano

Photo: Massimo Campi

In the story of Maranello, Luca Cordero di Montezemolo stands as the custodian who guided Ferrari through its most successful modern era without sacrificing its soul.

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