US Top News and Analysis | Porsche is selling its Bugatti Rimac stake and walking away from Rimac

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Porsche AG announced it will sell its 45 % stake in the Bugatti Rimac joint venture to a consortium led by New York‑based HOF Capital, with BlueFive Capital as the largest investor, and will also divest its 20.6 % share in Rimac Group, completing its exit from the Croatian electric hyper‑car maker. The deal, whose financial terms were not disclosed, comes as the automotive sector faces mounting pressure to consolidate amid slowing growth, rising costs and geopolitical challenges. After the transaction, Rimac Group will assume full operational control of Bugatti Rimac and partner with HOF and BlueFive to fund the brand’s expansion. Porsche’s shares fell 1.6 % in early trading following the announcement.

Read more: https://www.cnbc.com/2026/04/24/porsche-bugatti-bluefive-hof-capital-european-supercar-automakers.html

#Porsche #BugattiRimac #HOFCapital #BlueFiveCapital #RimacGroup #BainCompany #MichaelLeiters #MateRimac #HazemBen‑Gacem #

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