October the 21st, 2025 – Croatian entrepreneur Mate Rimac wants to take over Bugatti completely and buy out Porsche’s stake. He says that these desires are “no secret”.
As Poslovni Dnevnik writes, Rimac Automobili founder and Bugatti Rimac CEO Mate Rimac plans to take full control of the group by buying out Porsche’s 45 percent stake. This would make Rimac the sole owner of the Bugatti brand, further spotlighting Croatian grit and dogged determination, even in the automotive world – of which the country itself has nothing to speak of outside of Rimac.
Porsche has been struggling with declining sales and profits in more recent months, as well as a slowdown in its electrification plans. This results in the possibility of selling its stake in Bugatti to Mate Rimac and his company becoming realistic, but also at a highly sensitive but strategically opportune moment.
For Rimac, the move to potentially becoming the sole owner of Bugatti opens up an opportunity to simplify its complex ownership structure and ensure long-term stability and greater creative freedom for the Bugatti and Rimac brands alike.
“It’s no secret that we’ve been talking about all this. I want to make decisions with a long-term vision and invest without having to explain every single idea I ever have to dozens of shareholders. Working with large corporations often means dealing with family interests and high emotions, and my goal is to come to a simpler ownership structure,” Rimac recently revealed to Bloomberg.
Neva Zganec/PIXSELL
The agreement to establish Bugatti Rimac was signed back in 2021, when Porsche handed over operational management of Bugatti to Rimac in exchange for an increase in its stake within the Rimac Group. Currently, the Rimac Group controls 55 percent of the ownership in Bugatti Rimac, while Porsche holds the remaining 45 percent.
In the Rimac Group itself, in addition to owner and founder Mate Rimac, who owns 37 percent, shares are also held by Porsche (24 percent), Hyundai (12 percent) and several smaller investors. Rimac has already presented a preliminary offer to Bugatti worth over one billion euros, all with the support of international investors and private funds.
If such a historic deal were to be concluded, Croatia’s endlessly talented and innovative Mate Rimac could become the absolute owner of Bugatti, a brand that represents the very pinnacle of European automotive tradition. That would come just one single decade after he decided to start up his own company tinkering with cars in the humble beginnings of a garage.
Subscribe to our newsletter
the fields marked with * are required
