Friday, December 3, 2021
News Rimac and Bugatti Will Henceforth be Known as Bugatti Rimac d.o.o.

Rimac and Bugatti Will Henceforth be Known as Bugatti Rimac d.o.o.

Bugatti Rimac d.o.o. is nothing short of the automotive super dream-team

  • Mate Rimac will continue as CEO.

  • Bugatti assembly stays in France.

  • Porsche will be very present as a strategic partner.

Bugatti, Rimac, and Porsche. Three names that are synonymous with performance and engineering. Although Rimac is the “baby” brand at only ten years of age, or 100 years fewer than Bugatti, the combination of knowhow can only create great things in the future under their new name: Bugatti Rimac d.o.o.

Bugatti Rimac d.o.o. | Photo: Bugatti Rimac d.o.o.

This new entity will feature Rimac founder, Mate Rimac, as CEO and Christophe Piochon as COO. Porsche, the initiator of this merger of sorts, will supply two members of the Board of Management and two members of the Supervisory Board, ensuring its position as a strong strategic partner.

The full breakdown of the players in the new entity is as follows: Rimac will hold a 55% share in Bugatti Rimac. Mate Rimac will retain his shareholding in Rimac Group at 35%, with Porsche at 22%, Hyundai Motor Group doing the same at 11% and other investors at 32%.

Bugatti Rimac d.o.o. | Photo: Bugatti Rimac d.o.o.

Both Rimac and Bugatti will continue to operate as separate brands and manufacturers, retaining their individual production facilities in their countries of origin. Joint research and development of future Rimac Automobili and Bugatti hypercars will take place at the recently announced €200M Rimac Campus near Zagreb, Croatia. The campus is expected to open in 2023.

Bugatti Rimac d.o.o. | Photo: Bugatti Rimac d.o.o.

Trending Now

2022 Toyota Corolla Cross: The 24 Hidden Easter Eggs and Where to Find Them

It’s no secret that Toyota likes to throw in a few Easter Eggs into their new cars and trucks. Their latest model, the 2022...

ABT Boosts Audi RS 6 and RS Q8 by 100 Hp and Adds More Aero

Both Audi RS vehicles start life with 591 horsepower. The new carbon fibre Aero package includes RS6-S and RSQ8-S badging. The package will...

Stellantis will Work on Solid-State Batteries with Factorial Energy

This technology makes safer batteries that have larger capacities Factorial is already working on a similar project with Hyundai and Kia Stellantis wants...

Hennessey to Build Fastest-to-200 MPH 6×6 Electric Hyper GT

The car is called Project Deep Space. It’ll cost about $3 million. And yes, that’s 6-wheel drive via six electric motors. We’ve covered many...

UK Car Production at Lowest Level Since 1956

Last October’s 65,000 unit output is the lowest in 65 years. Part supply issues including chip shortage are to blame. Lower output numbers...
Matt St-Pierre
Trained as an Automotive Technician, Matt has two decades of automotive journalism under his belt. He’s done TV, radio, print and this thing called the internet. He’s an avid collector of many 4-wheeled things, all of them under 1,500 kg, holds a recently expired racing license and is a father of two. Life is beautiful. Send Matt an emai


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.