- by croatiaweek
- April 24, 2026
-
in
Business
(Photo: Rimac Group)
Porsche AG has announced it will sell its stakes in Bugatti Rimac and Rimac Group to a consortium led by HOF Capital, marking a significant shift in the ownership structure of one of the world’s most exclusive automotive brands.
The consortium includes BlueFive Capital as its largest investor, alongside a group of institutional backers from the United States and Europe.
Bugatti Rimac was established in 2021 as a joint venture between Porsche and Rimac Group, bringing together the historic Bugatti marque with Rimac’s cutting-edge electric technology.
Under the arrangement, Porsche held a 45% stake, while Rimac Group owned 55%. Porsche also held a 20.6% stake in Rimac Group.
Under the newly announced deal, Porsche will fully divest from both Bugatti Rimac and Rimac Group. Financial details of the transaction have not been disclosed.
Following completion, Rimac Group is expected to take control of Bugatti Rimac and enter into a strategic partnership with HOF Capital and BlueFive Capital to support future growth. HOF Capital will also become the largest shareholder in Rimac Group alongside founder Mate Rimac.
The transaction remains subject to regulatory approvals and is expected to be finalised before the end of 2026.
Dr Michael Leiters, Chief Executive of Porsche, said the move reflects the company’s intention to focus on its core business. He noted that the partnership with Rimac had successfully laid the groundwork for Bugatti’s future and contributed to the development of Rimac Technology into a leading automotive supplier.
Mate Rimac described Porsche as a key partner in building Bugatti Rimac, adding that the new ownership structure will allow the company to accelerate its long-term vision with greater agility.
From the investor side, HOF Capital highlighted Bugatti’s unique position as a brand combining heritage and innovation, while BlueFive Capital emphasised its commitment to preserving the marque’s legacy of design and performance.
Mate Rimac (Photo: Rimac Automobili)
The deal represents a new chapter not only for Bugatti but also for Croatia’s fast-growing automotive sector, with Rimac further strengthening its position on the global stage.
