Mate Rimac Wants to Buy Porsche Out and Take Full Control of Bugatti
11 Articles
11 Articles
It’s been just four years since Rimac Group and Porsche joined forces to create Bugatti Rimac, but apparently, CEO Mate Rimac is already tired of the bureaucracy. Rimac is eager to take control of the joint venture and is in negotiations to buy Porsche’s stake in the company, reports Telegrafi. Mate told Bloomberg in a recent interview, published by Automotive News, that he has the necessary investors to take full control of the joint venture, c…
MATE Rimac has confirmed talks to buy out Porsche's stake in Bugatti Rimac. With the support of global funds, he wants to independently make long-term decisions for the future of hypercars.
Rimac in talks to buy out Porsche’s stake in Bugatti
Mate Rimac, CEO of the Rimac Group, is in talks to buy out Porsche’s stake in its joint venture Bugatti Rimac. In a recent interview with Bloomberg, Rimac said that he has the investors necessary to take complete control of the hypercar brand. “I just want to be able to make long-term decisions, to make […] The post Rimac in talks to buy out Porsche’s stake in Bugatti appeared first on The Supercar Blog.
Mate Rimac, the young Croatian prodigy at the head of the Bugatti Rimac group, seems ready to take another decisive step. Its objective? To buy back Porsche's shares in the joint venture to take full control of the two brands of hypercars. An operation that, if it succeeds, could redefine the landscape of the European supercars. A balance of power on the point of tipping at Rimac Bugatti Founded in 2021, the Bugatti Rimac group is the result of …
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