News
A New Co-Owner Joins Rimac Group?
Bloomberg reports that negotiations are also underway to sell Porsche’s stake in the Rimac Group, which controls Bugatti. The deal could be worth a billion euros.
HOF Capital, founded by the Egyptian billionaire Sawiris family, and Abu Dhabi fund Blue Five Capital are behind the offer.
Negotiations are reportedly ongoing, and the deal could close within weeks.
In addition to acquiring Porsche’s stake, new investors could inject new capital into Bugatti-Rimac to finance further expansion.
Founder Mate Rimac reportedly owns 55 percent of Bugatti-Rimac, and Porsche controls 45 percent. The company owns the Bugatti hypercar brand.
Rimac CEO, Mate Rimac
-
Celebrities Auto1 week agoDavido Orders $15 Million One-of-One Custom Mansory Hypercar, Rumored To Be Based On A Bugatti Centodieci
-
Celebrities Auto1 week agoA Closer Look At Cristiano Ronaldo’s 9 Rare Hypercars : Chiron, Centodieci, AMG One & Monza SP1
-
Celebrities Auto1 week ago“My Toys,” Cristiano Ronaldo Says As He Shows Off His Car Collection Worth $40 Million
-
News1 week agoLamborghini Revuelto SV Sets Production-Car Lap Record Ahead Of August 14 World Premiere
-
News1 week agoToyota Recall Over Half A Million Camry Sedans
-
Business2 days agoDangote Cement Rewards Top Distributor With New 2026 Lexus LX700h Worth Over ₦400 Million
-
News1 week agoTo Survive, Aston Martin Had To Sell The Majority Of Its brand.
-
Latest Cars1 week agoMeet the Bugatti Destrier: A Road-Going Art Based On Track-Only Bolide