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Porsche to Sell Bugatti Rimac and Rimac Group Stakes to HOF Capital–Led Consortium

The move signals a refocus on Porsche’s core business.

Overview

  • Porsche, which announced the deal Friday, will transfer its 45% stake in Bugatti Rimac and 20.6% holding in Rimac Group to a consortium led by HOF Capital.
  • BlueFive Capital is the largest investor in the buyer group, and HOF is expected to rank among Rimac Group’s top shareholders alongside founder Mate Rimac.
  • After closing, Rimac Group is set to take control of Bugatti Rimac and partner with HOF and BlueFive to finance future growth.
  • The companies signed binding agreements, with completion dependent on customary conditions and regulatory approvals expected later in 2026.
  • Porsche CEO Michael Leiters said the sale lets the company focus on its core models after helping establish Bugatti Rimac and Rimac Technology, and the parties did not disclose the price.