Particle.news

Download on the App Store

Former Ferrari Chairman Luca Di Montezemolo Joins McLaren Automotive Board

The appointment brings Ferrari leadership to help drive CYVN’s high-performance luxury vision for McLaren Automotive.

Image
Former chairman of Ferrari Luca Cordero di Montezemolo attends an event to celebrate 90 years of Italian premium sports car maker Ferrari racing team at Milan's Duomo square, in Milan, Italy September 4, 2019. REUTERS/Flavio lo Scalzo/File Photo
Image

Overview

  • Luca Di Montezemolo was formally appointed as the ninth director of McLaren Group Holdings on June 27, 2025.
  • He joins CEO Nick Collins and chairman Paul Walsh, completing a recent board expansion under CYVN’s ownership.
  • McLaren Automotive is now fully under Abu Dhabi-based CYVN Holdings after its April takeover, while McLaren Racing remains majority-owned by Bahrain’s Mumtalakat sovereign wealth fund.
  • CYVN has outlined a strategy to expand McLaren Automotive into high-performance luxury segments and set a new benchmark for British automotive excellence.
  • Recruiting a former Ferrari chairman marks a notable cross-team shift and highlights McLaren’s aim to leverage rival expertise.