Showing posts with label Luca Cordero di Montezemolo. Show all posts
Showing posts with label Luca Cordero di Montezemolo. Show all posts

31 August 2021

Luca Cordero di Montezemolo – aristocrat and businessman

Luca di Montezemolo led Ferrari to F1 success
Luca di Montezemolo led
Ferrari to F1 success
Former driver who led Ferrari to Formula One success

Luca Cordero di Montezemolo, a former racing driver, chairman of Ferrari and Fiat and president of employers’ federation Confindustria, was born on this day in 1947 in Bologna.

He is one of the founders of NTV, an Italian company that is Europe’s first private, open access operator of 300km/h (186 mph) high-speed trains.

Montezemolo is a descendant of an aristocratic family from Piedmont, who served the Royal House of Savoy for generations. He is the youngest son of Massimo Cordero dei Marchesi di Montezemolo and Clotilde Neri, niece of the surgeon, Vincenzo Neri. His uncle was a commander in the Italian Navy in World War II and his grandfather and great grandfather were both Generals in the Italian Army.

After graduating with a degree in Law from Rome Sapienza University in 1971, Montezemolo studied for a master’s degree in international commercial law at Columbia University.

His sporting career began at the wheel of a Giannini Fiat 500. He then drove briefly for the Lancia rally team, before joining the auto manufacturing conglomerate Fiat. In 1973 he moved to Ferrari, where he became Enzo Ferrari’s assistant, and he became manager of the Scuderia - the racing division of the company - in 1974.

Montezemolo pictured in 1985 with Fiat chairman Gianni Agnelli, who made him a trusted lieutenant
Montezemolo pictured in 1985 with Fiat chairman
Gianni Agnelli, who made him a trusted lieutenant 
While Montezemolo was involved with the team, Ferrari won the Formula One world championship with Nikki Lauda in 1975 and 1977. He became head of all Fiat racing activities in 1976 and became a senior manager of Fiat in 1977.

During the 1980s he held a number of positions in the Fiat empire, including managing director of the drinks company, Cinzano. He also managed Team Azzurra, the first Italian yacht club to enter the America’s Cup and in 1985 he became manager of the organising committee for the 1990 World Cup in Italy.

Fiat chairman Gianni Agnelli appointed Montezemolo president of the then struggling Ferrari company in 1991, after the death of Enzo Ferrari. Montezemolo was awarded the Lorenzo Bandini trophy for his achievements in Formula One motor racing in 1997 and, under his leadership, the Ferrari team won the world drivers’ championship in 2000.

Montezemolo became president of Confindustria in 2004 and on the death of Agnelli was elected chairman of Fiat. He stepped down from Fiat in 2010 and resigned as president and chairman of Ferrari in 2014.

He launched NTV - Nuovo Trasporto Viaggiatori - in 2006 along with three other businessmen with the aim of competing for business on the Italian high speed rail network following the liberalisation of the railway sector in the European Union.  Trading under the brand name Italo, today it operates more than 90 daily services across 11 routes, serving serving 54 cities.

He is also non-executive chairman of the board of the airline Alitalia and was committee president of the Rome bid for the Summer 2024 Olympics.

He has been awarded five honorary degrees in Mechanical Engineering by Italian universities. Married twice, Montezemolo has five children. He celebrates his 74th birthday today.

The Villa Ada is surrounded by one of the biggest urban parks in Rome
The Villa Ada is surrounded by one of the
biggest urban parks in Rome
Travel tip:

While working on the Rome bid for the 2024 summer Olympics, Montezemolo has had an office at the Foro Italico, the site for the 1960 Olympics, and an apartment in the exclusive Parioli district in the north of Rome. This became an upper class area early in the 20th century after the construction of Viale Parioli. Now considered to be Rome’s most elegant residential area, notable for its tree-lined streets and some of Rome's finest restaurants, it is also home to some foreign embassies.  The Villa Ada, once the Rome residence of the Italian royal family and surrounded by the second largest park in the city, can also be found within the Parioli district.

The elegant Piazza Galimberti is the central square in Cuneo
The elegant Piazza Galimberti is
the central square in Cuneo
Travel tip:

The Montezemolo family name comes from a small village in the province of Cuneo in the Piedmont region, about 80 kilometres (50 miles) southeast of Turin. Cordero Montezemolo Barolo wine is made in the wine producing area of La Morra by a branch of the Montezemolo family. The city of Cuneo is characterised by its 19th-century Savoy layout and architecture, with eight kilometres of arcaded streets, at the heart of which in the elegant Piazza Galimberti.

Also on this day:

1542: The birth of noblewoman Isabella de’ Medici

1834: The birth of opera composer Amilcare Ponchielli

1900: The birth of Gino Lucetti, Mussolini’s would-be assassin

1907: The birth of Altiero Spinelli, political visionary