In July 2021, Rimac Group became the majority owner of Bugatti with 55%, and that could soon change. According to the German magazine Manager, Porsche is considering taking a majority stake in order to gain control. The information was confirmed by Mate Rimac, who announced that negotiations are underway.

Porsche currently owns 45% of Bugatti Rimac, and what they most resent about Rimac is the delay in the development of the Turbillon model, for which they hold the developers and their disorganization mostly responsible. They also believe that Rimac has poor organization, as shown by the bad sales results of the Rimac Nevera hypercar. In 2023, Rimac Automobili recorded a loss of 17 million euros, which Rimac explains by investments in new models, including the Tourbillon.

Whether an agreement will be reached on the acquisition of a majority stake in Bugatti Rimac depends not only on Mate Rimac, Porsche CEO Oliver Blume and CFO Lutz Meschke, but also on the remaining shareholders. In addition to these two companies, shares in Bugatti Rimac are also owned by Hyundai, Goldman Sachs, Softbank and Investindustrial.

In an interview with Manager, Mate Rimac said that talks about a possible transaction are underway, but that besides Porsche, there are other interested parties.

Source: Manager