Overview

• UK filings on June 27 list Luca Cordero di Montezemolo among nine directors of McLaren Group Holdings Limited
• His remit is confined to advising McLaren Automotive with no direct involvement in Formula 1 racing
• The appointment follows CYVN Holdings’ April acquisition of McLaren Automotive and a minority stake in McLaren Racing
• Montezemolo affirmed his enduring Ferrari loyalty, stating that his heart will always remain red
• His crossover to McLaren underscores the growing influence of sovereign wealth funds on leadership in top-tier automotive and motorsport operations