diff --git a/lib/config/presets/index.spec.ts b/lib/config/presets/index.spec.ts
index 49e052eb0f7a59..71563487ef8a29 100644
--- a/lib/config/presets/index.spec.ts
+++ b/lib/config/presets/index.spec.ts
@@ -407,6 +407,15 @@ describe('config/presets/index', () => {
         presetSource: 'local',
       });
     });
+    it('parses local with spaces', () => {
+      expect(presets.parsePreset('local>A2B CD/A2B_Renovate')).toEqual({
+        packageName: 'A2B CD/A2B_Renovate',
+        params: undefined,
+        presetName: 'default',
+        presetPath: undefined,
+        presetSource: 'local',
+      });
+    });
     it('parses local with subdirectory', () => {
       expect(
         presets.parsePreset('local>some-group/some-repo//some-dir/some-file')
diff --git a/lib/config/presets/index.ts b/lib/config/presets/index.ts
index 7ede0fc37ae336..16a39c1ac17941 100644
--- a/lib/config/presets/index.ts
+++ b/lib/config/presets/index.ts
@@ -40,7 +40,7 @@ const nonScopedPresetWithSubdirRegex = regEx(
   /^(?<packageName>~?[\w\-./]+?)\/\/(?:(?<presetPath>[\w\-./]+)\/)?(?<presetName>[\w\-.]+)(?:#(?<packageTag>[\w\-.]+?))?$/
 );
 const gitPresetRegex = regEx(
-  /^(?<packageName>[\w\-./]+)(?::(?<presetPath>[\w-./]+\/))?(?::?(?<presetName>[\w\-.+]+))?(?:#(?<packageTag>[\w\-.]+?))?$/
+  /^(?<packageName>[\w\-. /]+)(?::(?<presetPath>[\w-./]+\/))?(?::?(?<presetName>[\w\-.+]+))?(?:#(?<packageTag>[\w\-.]+?))?$/
 );
 
 export function replaceArgs(