Mihai Ivăncescu (22 March 1942 – 1 February 2004) was a Romanian footballer who played as a right back for two Brașov teams, Steagul and Tractorul.

[1][4] He made his Divizia A debut, playing for Steagul on 24 September 1961 under coach Silviu Ploeșteanu in a 2–1 home victory against Dinamo București.

[1][4] He returned at Steagul in 1964, where he would remain for the following nine seasons, the highlights of this period being a fourth place in the 1964–65 Divizia A season and four games played in the 1965–66 Inter-Cities Fairs Cup as the club eliminated NK Zagreb, but got eliminated in the following round by Espanyol Barcelona against whom he scored two goals.

[1][4] He played his last Divizia A match on 28 April 1973 in a 1–0 home loss in front of Dinamo, a competition in which he has a total of 209 appearances with 13 goals scored.

[5][6] He was a member of Steagul Roșu Brașov's "Mexican trio", alongside Stere Adamache and Nicolae Pescaru who were part of Romania's 1970 Mexico World Cup squad, but he did not play in the tournament.