Categories: Auto News

Rimac wants to remove Porsche from a joint venture with Bugatti

Bloomberg sources claim that the Croats made a preliminary proposal to buy a 45% of the shares of the German concern. We are talking about the full redemption of Porsche shares in a joint venti-Rimac. According to unofficial data, the transaction is estimated in the amount of about 1.1 billion dollars. To supplant Porsche, Rimac will have to unite with other investors.

Representatives of Rimac and Porsche have refused to comment. The insiders made a reservation that the discussion of the transaction is at an early stage. The joint venture of Bugatti-Rimac was created in 2021 for the release of hypercars. The control package of shares of 55 percent belongs to the Rimac Automobili, the remaining share controlled Porsche, and the top managers of the Volkswagen concern were included in the supervisory board.

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There were rumors that Porsche would redeem Rimac, but then the German automaker changed priorities in the wake of problems with electric cars. Now the situation has turned 180 degrees, but despite the difficult situation on the Volkswagen bossa car market, they may not decide on the full abandonment of Bugatti. The manufacturer of hypercars is about to begin the production of the new Tourbillon model.

Options for the novelties of Bugatti were impressed with the price: above the 3.8 million euros, you can easily add “dopes” to a million euros. The total circulation of Tourbillon is limited by 250 copies, the first customers will receive cars in 2026.

Less commonly: Special Bugatti

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