Porsche sells Bugatti stake to Hof Capital, spinning off the hypercar brand as independent
Key Points
- Porsche sells its stake in Bugatti Rimac to Hof Capital, ending the joint venture and making the hypercar brand independent.
- Hof Capital, which backed Rimac in 2022, now controls a company that combines Bugatti's brand with Rimac's battery technology and EV engineering.
- The separation leaves Bugatti's product roadmap and capital strategy unclear as it operates independently under new ownership for the first time since 2021.
Summary
Porsche Exits Bugatti, Handing Control to Hof Capital
Porsche has sold its stake in Bugatti Rimac to Hof Capital, completing a separation that makes the hypercar brand independent. Hof Capital, which invested in Rimac in 2022, now holds the company that combines Bugatti's iconic brand with Rimac's battery technology and electric vehicle engineering.
The move ends a joint venture structure that began in 2021. Bugatti Rimac operates as both a hypercar manufacturer and a tier-one battery supplier to global automakers—a dual mandate Hof Capital describes as having been built "from a garage in Croatia into one of the most technically ambitious companies in the automotive industry."
No financial terms were disclosed in the transcript. The separation leaves open questions about Bugatti's product roadmap and capital strategy as an independent entity under new ownership.
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