Austrian Mr Lauda, who was treated in hospital in January for about 10 days while suffering from influenza and had a lung transplant last August, died on Monday night, his family said in a statement.
"His unique achievements as an athlete and entrepreneur are and will remain unforgettable," the statement said.
"His tireless zest for action, his straightforwardness and his courage remain a role model and a benchmark for all of us, he was a loving and caring husband, father and grandfather away from the public, and he will be missed."
Mr Lauda won two world championships in 1975 and 1977 with Ferrari and a third in 1984 with McLaren.
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