The deal would see Rimac acquire a 55% stake in Bugatti.
At the moment, Porsche owns 24% of Rimac.
Volkswagen has been toying with the idea of unloading some of its brands in the recent past. At one point or another, Lamborghini, Ducati, and Bugatti were to be taken over or sold. Now, the story goes that Rimac will soon acquire a 55% controlling stake in Bugatti.
Rimac Nevera | Photo: Rimac
The deal is complex and not at the same time. Porsche has been building a relationship with Rimac for roughly three years. In that period, they’ve acquired 24% of Rimac. It is this same Rimac that would take control of 55% of Bugatti while Porsche, with Volkswagen’s blessing, will hold on to 45% of Bugatti.
“The concrete future of Bugatti is a topic that will be decided within the Group,” a Porsche spokesperson told the German newspaper Handelsblatt, as reported by electrive.
The deal has yet to be finalized as the unions at Bugatti’s headquarters are not yet onboard however Wolfsburg and Stuttgart’s management and supervisory boards are in agreement, as is Mate Rimac.
