Fumanelli entered single-seater racing in 2008 after just two years of national karting, making his Formula Renault 2.0 debut in the Italian series with RP Motorsport. In September of the same year he made his Formula 3 debut in the Spanish Formula 3 series. During the final event in Valencia he was involved in a serious airborne accident with Carmen Jordá, suffering a vertebra trauma that forced a six-month recovery.
He returned to the Spanish Formula 3 series in 2009 for the first of three full seasons with RP Motorsport, finishing eighth overall and earning the Best Rookie award after taking late-season victories at Jerez and Barcelona. Continued improvement followed: in 2010 he took three race wins to finish third overall, and in 2011 he finished as F3 European Open Vice-Champion, recovering from a slow start to claim four victories in the final eight races and finishing just eight points behind champion Alex Fontana.
After a successful test at Jerez in December 2011, Fumanelli graduated to the GP3 Series in 2012 with MW Arden. His rookie campaign was strong, highlighted by a podium at the European Grand Prix on the Valencia Street Circuit and a fourth place at Monaco. He was forced to miss the Silverstone round for family reasons and finished eleventh overall. In 2013, racing for Trident, he struggled for pace and left the championship before the final round, finishing nineteenth.
Fumanelli switched to GT racing in 2014, debuting in the Blancpain GT Sprint Series with Roal Motorsport in a BMW Z4 GT3, sharing duties with Alex Zanardi. He and co-driver Stefano Colombo finished as Silver Cup Vice-Champions. In 2016 he was invited to contest the 24 Hours of Spa-Francorchamps with Scuderia Praha in the new Ferrari 488 GT3.
In 2017 he was selected as a McLaren GT Junior Driver, racing in the Blancpain GT Endurance and Sprint series for the factory-supported Strakka Racing team in a McLaren 650S GT3 alongside Lewis Williamson. McLaren's restructuring brought his factory junior programme to an end, but Strakka retained him for 2018, switching to Mercedes-AMG. The year produced two significant results: a podium in Pro Am at the Bathurst 12 Hours at the opening round of the Intercontinental GT Challenge, and victories including first in Pro Am at the California 8 Hours at Laguna Seca and second in Pro Am at the 24 Hours of Spa. He was also selected to drive the factory Mercedes-AMG car in the Silverstone round alongside Max Buhk and Maximilian Götz. In 2019, Fumanelli contested two races for Strakka, finishing third in Pro Am at the 24 Hours of Spa alongside Christina Nielsen, Richard Heidstand, and Jack Hawksworth. He later raced for the Mercedes Black Falcon Team in the Blancpain GT Endurance season finale, finishing second in the Silver class and seventh overall.
In 2017 Fumanelli won the Ferrari Master Show race at the Bologna Motor Show in a Ferrari 488 Challenge with Rossocorsa Racing. The following year he took part in Ferrari Challenge Europe races, finishing second at the World Finals at Monza. Between 2015 and 2016 he raced in the Renault Sport Trophy for the Oregon Team, claiming the Endurance title in 2015 with co-driver Dario Capitanio and finishing third in the Pro class standings.
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