The recovery process for this specific operation is understandably extremely hard, and per the hospital where Lauda is being held, no public updates will be made at this time out of respect for his loved ones.
Lauda had cut short his holiday in Ibiza last week and returned to Vienna after developing a lung infection, the Osterreich newspaper reported.
It was believed the 69-year-old was on the mend but reports emerged Thursday evening that the F1 legend's condition had led to a "serious lung illness".
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'Because of a severe lung condition Niki Lauda had to undergo a lung transplant in Vienna General Hospital today, ' the hospital said in a statement posted on its website.
"We ask for your understanding that the family will not make public statements and request that the privacy of the Lauda family be safeguarded", said the AKH in its statement.
Lauda, who was badly burned in a near-fatal Formula One crash in 1976 and later became an airline entrepreneur, was taken ill recently.
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In 1997 and again in 2005, Lauda underwent kidney transplants.
Lauda is also a team boss and shareholder of the Mercedes Formula One team.
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