The Lorenzo Bandini Trophy is an annual award honouring an individual or team for their achievements in Formula One motor racing. The award, named after the Italian driver Lorenzo Bandini, who died three days after suffering severe burns in a major accident at the 1967 Monaco Grand Prix, was established by Francesco Asirelli and Tiziano Samorè of the Brisighella commune in 1992. The accolade's trophy, a ceramic replica of Bandini's Ferrari 312/67 car adorned with the number 18 created by the ceramist Goffredo Gaeta, is awarded for "a commendable performance in motorsport". This is not based on race results, but on how the success was achieved, as well as the recipient's character and approach to racing. Each recipient is honoured for their achievements over the course of the previous year. The recipient is selected by a panel of 12 judges composed of motor racing journalists and former Formula One team members. Previously, the winner was decided by a vote from the residents of Brisighella. The winner was honoured at a ceremony in Bandini's home town of Brisighella in Emilia-Romagna by the Associazione Trofeo Lorenzo Bandini but the ceremony is currently held in the city of Faenza.

Luca Cordero di Montezemolo is an Italian businessman who is best known as former Chairman of Ferrari, and formerly Chairman of Fiat S.p.A. and President of Confindustria and FIEG.