Luxury Car Sector

According to Bloomberg, HOF Capital is reportedly negotiating to acquire Porsche’s stake in Bugatti Rimac. The joint venture, controlled by Croatia’s Rimac Group, owns the iconic Bugatti brand.

Bugatti Rimac

The transaction could also include Porsche’s share in Rimac Group itself, insiders told the media. The deal is estimated at more than USD 1.2 billion (EUR 1B), signaling a significant strategic move for both investors. HOF Capital may provide additional capital to Rimac Group to support its global expansion plans.

Bugatti Rimac has been under Rimac Group’s control since 2021. A Rimac representative confirmed to Bloomberg that discussions with Porsche regarding future ownership are ongoing, with no final agreement yet reached. Thus, the structure of the potential transaction may evolve in the coming weeks.