Croatian electric hypercar manufacturer Rimac is reportedly looking to take full control of its joint venture with Bugatti by acquiring Porsche’s 45% stake in Bugatti Rimac. If successful, the move would mark a significant shift in the ownership structure of the ultra-luxury performance brand.
Sources familiar with the matter suggest that Rimac has made a preliminary offer to buy out Porsche’s stake in the company, which was valued at over €1 billion (approximately RM5.1 billion) at the time of its formation in 2021. While the exact figure of the offer remains undisclosed, Rimac may be seeking support from external investors to complete the transaction.
The Rimac Group currently holds a 55% share in Bugatti Rimac, while Porsche owns the remaining 45%. Talks are still in the early stages, and Rimac has not commented publicly on the potential deal. However, the idea of Porsche exiting the partnership is especially notable, considering that it had reportedly attempted to buy out Rimac from the joint venture shortly after its establishment.
Today, Porsche faces growing challenges, including falling demand for electric vehicles, declining sales in China, and ongoing supply chain disruptions—factors that may be pushing the German automaker to reconsider its position.
Mate Rimac remains the largest shareholder of the Rimac Group. The company raised €500 million (around RM2.5 billion) in 2022 through investments from the likes of Goldman Sachs Asset Management and SoftBank Vision Fund 2.
Should Rimac acquire Porsche’s stake, it would assume full control of the French marque. Such a development could reshape Bugatti’s future product strategy. Rimac has already played a crucial role in developing the Bugatti Tourbillon hybrid hypercar. With Porsche out of the equation, future Bugatti models could shift decisively toward full electrification, potentially utilising Rimac’s cutting-edge battery and drivetrain technologies derived from the Nevera.
The proposed acquisition underscores Rimac’s growing influence in the high-performance automotive space and signals a possible all-electric future for one of the most iconic names in motoring.
