Porsche AG has agreed to sell all of its holdings in Bugatti Rimac and Rimac Group to an international investor consortium led by HOF Capital. The transaction agreements were signed on April 24, with final completion expected before the end of 2026, pending regulatory approvals.
The move marks a strategic shift for Porsche as the German automaker sharpens its focus on its main operations and future product roadmap.
End of a Strategic Partnership Era
Porsche and Rimac formed Bugatti Rimac in 2021, combining Bugatti’s legendary heritage with Rimac’s electric technology expertise. Under the structure, Porsche held a 45 percent minority stake, while Rimac Group controlled 55 percent. Porsche also separately owned a 20.6 percent stake in Rimac Group.
With this deal, Porsche will fully exit both investments. Financial details have not been disclosed, with all parties agreeing to keep terms confidential unless required by law.
The transaction also reshapes ownership dynamics. Once complete, Rimac Group is expected to take control of Bugatti Rimac while building a strategic partnership with HOF Capital and BlueFive Capital, which is the largest investor in the consortium.
Mate Rimac Set for Bigger Role
Mate Rimac is poised to strengthen his influence over the company he built into one of Europe’s most exciting automotive technology players. HOF Capital is also expected to become the largest shareholder in Rimac Group alongside Mate Rimac.
This could give the company greater flexibility as it balances ultra-luxury Bugatti models with advanced EV technology and performance systems supplied to the wider automotive industry.
Porsche Thanks Rimac Team
Dr Michael Leiters said Porsche’s involvement helped secure Bugatti’s future and supported Rimac Technology’s rise into a recognised Tier-1 automotive supplier. He added that the sale reflects Porsche’s decision to concentrate on its core business priorities.
Mate Rimac thanked Porsche for its early support, calling the brand a crucial partner in building strong foundations for Bugatti Rimac.
What This Means for Bugatti
For Bugatti, the ownership transition may signal a more aggressive next chapter. Investors backing the deal have highlighted a commitment to preserving Bugatti’s craftsmanship, exclusivity, and performance identity while supporting disciplined growth.
That matters because Bugatti sits in a rare space where heritage and innovation must move together. The brand now enters a new phase with fresh capital, stronger Rimac control, and continued ambition to redefine the hypercar world.
Bigger Picture
Porsche’s exit doesn’t necessarily close the door on future collaboration, but it clearly shows changing priorities across the automotive sector. Legacy brands are reassessing partnerships, capital allocation, and technology bets faster than ever.
For Rimac, this is a statement moment. For Porsche, it is a portfolio discipline. For Bugatti, it could be the beginning of a bold new era.
