Venture Capitalists Aim to Acquire Porsche from Bugatti Rimac | Carscoops
The ownership of Bugatti may soon change once again as discussions worth billions intensify, potentially providing Rimac with an opportunity for greater control and long-term strategic decisions.
Currently, Porsche holds a 45 percent stake in Bugatti Rimac.
Funding from new investors could facilitate Rimac's growth and operations.
Mate Rimac is seeking increased influence over the future direction of Bugatti Rimac.
In the realm of luxury automotive partnerships, ownership often appears to be as dynamic as the commitments they entail. The intricate business relationship between Porsche, Rimac, and Bugatti may soon welcome a new stakeholder.
Recent reports indicate that a venture capital fund co-founded by a member of Egypt’s wealthy Sawiris family is part of a consortium looking to purchase Porsche's ownership in the Bugatti Rimac joint venture.
Mate Rimac is eager to assume more control over Bugatti's trajectory, and there are indications that discussions are in progress.
Rimac and Bugatti united in 2021, with Mate Rimac initially holding a 37 percent share in the Rimac Group, Porsche having 24 percent, Hyundai at 12 percent, and other investors covering the final 27 percent. Currently, the Rimac Group has increased its stake to 55 percent in Bugatti Rimac, leaving Porsche with 45 percent.
A Billionaire Family Emerges
Mate Rimac has shown interest in collaborating with investors to acquire Porsche's share. Bloomberg has reported that HOF Capital, co-founded by a member of the Sawiris family, alongside private equity group BlueFive Capital, is in negotiations to purchase this 45 percent share.
The potential deal could exceed €1 billion ($1.2 billion), and HOF may also provide additional capital to the Rimac Group to assist in its growth initiatives.
Status of Discussions Remains Unclear
As of now, representatives from Porsche, HOF Capital, and BlueFive have not made any statements regarding these reports. However, Rimac has confirmed that it is in discussions with Porsche concerning the future ownership structure of Bugatti Rimac, acknowledging that negotiations are ongoing and no agreement has been finalized. It remains uncertain whether Mate Rimac is part of this new acquisition effort.
Earlier this year, Mate Rimac expressed his difficulties in managing a company with such a convoluted ownership arrangement.
“I just want the ability to make long-term decisions, to invest for the long term, and to approach things differently, without needing to justify to multiple parties,” he remarked. “Negotiating with a corporation involves numerous variables. There are family dynamics at play—it’s a highly emotional issue.”
Other articles
Stellantis and Chevy dealerships in Alaska promoted a single price but later billed a different amount | Carscoops
Lithia is required to refund Alaskan customers for undisclosed dealer fees and pay a civil penalty; however, due to missing records, certain consumers will have to provide proof.
Colorado Constructed an Overpass for Wildlife to Enhance Safety
The wildlife overpass improves safety for animals and motorists alike on the roadway.
Which Automaker Showed the Greatest Improvement in 2025? | Carscoops
From the introduction of new products to the abandonment of electric vehicle plans and the shutdown of factories, 2025 witnessed significant transformations among automakers.
Vaughn Gittin Jr’s Bronco RTR Build Has a Funny Issue.
You could refer to this as a matter of attention to detail.
This Porsche Appears to Have Been Crafted by a Highlighter with ADHD | Carscoops
Porsche's Sonderwunsch program created a GT4 RS specification so striking it resembles a toy, and someone spent an additional $50K to bring it home.
California Will Allow Radar Cameras to Issue Tickets Automatically Under New Legislation | Carscoops
New legislation addresses various topics including speeding, electric bicycles, vehicle impoundments, autonomous vehicles, and additional matters.
Venture Capitalists Aim to Acquire Porsche from Bugatti Rimac | Carscoops
The ownership of Bugatti may change once more as negotiations worth billions intensify, potentially providing Rimac with an opportunity for greater control and long-term decision-making.