A system for monitoring the status of a braking system comprising at least one brake comprising at least one braked rotor, at least one braking element comprising at least one block of the friction material, a support of the block of friction material and at least one temperature sensor configured and arranged for sensing a direct temperature measurement performed at an internal point of said braking system, a plurality of sensors for sensing physical and dynamic conditions of said braking system and at the boundary of said braking system, at least one electronic control unit comprising at least a plurality of algorithms configured for at least the acquisition, process archive and communication of the data detected by said plurality of sensors, characterized in that said at least one electronic control unit comprises at least one mathematical model configured as a braking system thermal model (BSTM) for the evaluation and presentation of an estimate of the thermal status of said braking system, wherein said mathematical model is configured to use as input data at least the temperature acquired by said at least one temperature sensor to estimate the thermal status of said braking system processed by said mathematical model.