Luca Cordero di Montezemolo (Italian pronunciation: [ˈluːka korˈdɛːro di ˌmontedˈdzɛːmolo; -dˈdzeːm-]; born 31 August 1947) is an Italian businessman, former Chairman of Ferrari, and formerly Chairman of Fiat S.p.A. and President of Confindustria and FIEG. He comes from an aristocratic family from the region of Piedmont in Italy. He graduated with a degree in law from La Sapienza University in 1971. Afterward, he studied for a master’s degree in international commercial law at Columbia University. He is one of the founders and former president of NTV, an Italian company which is Europe’s first private open access operator of 300 km/h (186 mph) high-speed trains.
Luca Cordero di Montezemolo (Italian pronunciation: [ˈluːka korˈdɛːro di ˌmontedˈdzɛːmolo; -dˈdzeːm-]; born 31 August 1947) is an Italian businessman, former Chairman of Ferrari, and formerly Chairman of Fiat S.p.A. and President of Confindustria and FIEG. He comes from an aristocratic associates from the region of Piedmont in Italy. He graduated following a degree in play a role from La Sapienza University in 1971. Afterward, he studied for a master’s degree in international commercial doing at Columbia University. He is one of the founders and former president of NTV, an Italian company which is Europe’s first private entrance access operator of 300 km/h (186 mph) high-speed trains.
In 2009, Montezemolo founded Future Italy, a pardon market think tank that associated Civic Choice in the 2013 Italian parliamentary election.
Born in Bologna, Italy, he is the youngest son of Massimo Cordero dei Marchesi di Montezemolo (1920–2009), a Piedmontese aristocrat whose intimates served the Royal House of Savoy for generations, and Clotilde Neri (b. 1922), niece of famed Italian surgeon Vincenzo Neri. His uncle, Admiral Giorgio Cordero dei Marchesi di Montezemolo (1918–1986) was a commander in the Regia Marina in World War II. His grandfather, Mario (1888–1960) and great-grandfather Carlo (1858–1943) were both Generals in the Italian Army. He is plus a report to Andrea Cordero Lanza di Montezemolo (his dad Massimo and Andrea were cousins), who became a cardinal in 2006 and whose father, colonel Giuseppe Cordero di Montezemolo, was killed by the Nazi motion troops during the massacre of the Fosse Ardeatine in Rome in 1944. His surname is actually “Cordero di Montezemolo” and the perfect usage is either the full surname or just Montezemolo (omitting the “di”); Marchesi is a noble title.
Montezemolo’s sporting career began at the wheel of a Giannini Fiat 500 which he raced together later than his friend Cristiano Rattazzi. Later, Montezemolo briefly drove for the privately owned Lancia rally team known as HF Squadra Corse. He associated the auto manufacturing conglomerate FIAT S.p.A., headquartered in Torino, Italy, and in 1973 was moved to Ferrari, where he became Enzo Ferrari’s partner and, in 1974, manager of the Scuderia. During his involvement considering the team, Ferrari won the Formula One World Championship when Niki Lauda in 1975 and 1977. In 1976 Montezemolo was promoted to become head of everything FIAT racing activities, and in 1977 he militant to become a senior bureaucrat of FIAT.
Throughout the 1980s, Montezemolo occupied a number of positions in the FIAT empire, including managing director of the drinks company Cinzano and director of the publishing company Itedi. In 1982, he managed America’s Cup challenge of Team Azzurra, the first Italian yacht club to enter the event. In 1985, he became proprietor of the Organizing Committee for 1990 World Cup Italia.
In November 1991, FIAT Chairman Gianni Agnelli appointed Montezemolo president of Ferrari, which had been struggling before Enzo Ferrari’s death. Montezemolo made it his personal point toward to win the Formula One World Constructors’ Championship considering again. Montezemolo speedily made changes at the Italian team, signing occurring Niki Lauda as consultant and promoting Claudio Lombardi to team overseer role. During the 1990s he resurrected the Ferrari road car situation from stifling debts into hermetically sealed profit. He as a consequence took upon the supervision of Maserati later Ferrari acquired it in 1997, until 2005.
Under Montezemolo and presidency director Jean Todt, the Ferrari Formula One team won the World Drivers’ Championship in 2000, the first become old since 1979. The previous year, 1999, they had won the Constructors’ Championship for the first mature since 1983.
On 27 May 2004, Montezemolo became president of Italian concern lobby Confindustria. Days later, following the death of Umberto Agnelli on 28 May, he was elected chairman of Fiat S.p.A., Ferrari’s parent company. Since 20 December 2004, he has plus been president of the LUISS, the Free International University for Social Studies Guido Carli in Rome.
Montezemolo has often been reported to have aspirations of a career in Italian politics, most recently the office of Prime Minister, but has always denied the rumours.
On 29 July 2008, Montezemolo founded the Formula One Teams Association (FOTA) which he presided over from 2008 to 2010, eventually inborn replaced by McLaren CEO Martin Whitmarsh. The Committee used to meet upon a regular basis to discuss improvements to Formula One. FOTA was formally dissolved in 2014.
In April 2010, John Elkann replaced Montezemolo as Chairman of Fiat S.p.A.
On 10 September 2014, Montezemolo resigned as president and chairman of Ferrari taking into account increasing tension considering his would-be successor, FIAT Chrysler CEO, Sergio Marchionne.
On 26 November 2014, Montezemolo was appointed non-executive chairman of the Board of Directors of Italian flag carrier Alitalia. In February 2015 he became committee president of the Rome bid for the 2024 Summer Olympics.
On 24 July 2015, he was inducted into the International Motorsports Hall of Fame.
He acknowledged the America Award of the Italy-USA Foundation in 2017.