Bugatti Rimac

Bugatti Rimac is an automotive joint venture headquartered in Sveta Nedelja, near Zagreb, Croatia. It was established to bring together Bugatti Automobiles, the French manufacturer of ultra-luxury performance cars, and Rimac Automobili, the Croatian electric-hypercar company founded by Mate Rimac. The venture was created through a strategic transaction involving Porsche, which had been a shareholder in Rimac and had an established relationship with Bugatti through the Volkswagen Group structure. Under the arrangement described in the supplied reference material, Rimac Group holds 55% of Bugatti Rimac and Porsche holds 45%. The transaction gave Mate Rimac and the wider Rimac organization a controlling role in Bugatti while increasing Porsche’s participation in the Rimac business ecosystem. Bugatti Rimac is structured as a group-level company rather than a replacement for either marque. Bugatti and Rimac continue to operate as separate brands and manufacturers, with distinct product identities, engineering traditions, facilities and customer propositions. Bugatti retains its base in Molsheim, France, where it is associated with hand-built, combustion-engine hypercars and the heritage of the historic Bugatti marque. Rimac continues to operate from Croatia and is associated with high-performance electric vehicles, battery systems and electric powertrain technology. The joint venture provides a corporate framework for collaboration while preserving the differentiated positioning of the two brands. The company’s Croatian headquarters occupy the former headquarters of Rimac Automobili in Sveta Nedelja. The supplied reference material reports a workforce of approximately 435 people, including about 300 employees in Sveta Nedelja and 135 in Molsheim. Bugatti Rimac’s activities therefore span brand management, vehicle development, manufacturing coordination and the operation of two highly specialized performance-automotive businesses. Its wider industrial context includes Rimac Technology, a Rimac Group company focused on batteries, electric powertrains and related vehicle technologies. Bugatti Rimac’s first jointly presented vehicle was the Bugatti W16 Mistral, unveiled on 20 August 2022. The Mistral uses Bugatti’s established W16 performance architecture and was presented as an open-top continuation of the marque’s modern hypercar program. Although it is a Bugatti product rather than a co-branded Rimac vehicle, its presentation demonstrated the venture’s ability to manage Bugatti’s product strategy within the new ownership and governance structure. The company occupies a distinctive position in the global automotive industry. It combines Bugatti’s long-established luxury, craftsmanship and top-speed heritage with Rimac’s newer expertise in electrification, software-oriented vehicle engineering and high-performance battery systems. The venture is consequently relevant both as a producer of exclusive performance cars and as part of the broader transition taking place in advanced automotive technology. Bugatti Rimac is not a mass-market manufacturer; its business is centered on very low-volume, high-value vehicles, engineering capability, brand management and the development of technologies relevant to future premium and performance automobiles.

Bugatti Rimac was formed as a strategic automotive joint venture bringing together two very different but complementary performance-car businesses. Bugatti represents a historic French marque whose modern identity is built around highly exclusive, technically complex hypercars. Rimac Automobili emerged from Croatia as a specialist in electric performance vehicles and advanced propulsion systems. Porsche’s involvement connected the two businesses and formed part of a broader restructuring of ownership and industrial cooperation around Rimac. The venture’s central business decision was to unite Bugatti with the Rimac organization while keeping the two marques operationally distinct. Rather than replacing Bugatti with Rimac or converting both businesses into a single consumer-facing brand, the structure allows each manufacturer to preserve its own design language, engineering priorities, production locations and customer base. Bugatti continues to operate from Molsheim, France, while Rimac’s activities remain centered in Croatia. Bugatti Rimac’s global headquarters is located in Sveta Nedelja near Zagreb, at the former headquarters of Rimac Automobili. Under the ownership structure described in the supplied reference material, Rimac Group owns 55% of Bugatti Rimac and Porsche owns 45%. Rimac Group itself is backed by Mate Rimac, Porsche, Hyundai Motor Group and other minority shareholders. The arrangement gave the Rimac organization a controlling role in Bugatti while preserving Porsche’s participation in the venture and in Rimac’s wider technology activities. The group context also includes Rimac Technology, which develops batteries, electric powertrains and related systems. These capabilities provide an important technological foundation for the venture’s long-term relevance, even though Bugatti and Rimac remain separate vehicle manufacturers. Bugatti Rimac’s first jointly presented vehicle was the Bugatti W16 Mistral, unveiled in August 2022. The model was presented as an open-top Bugatti hypercar and represented continuity with Bugatti’s W16-powered product history. Its launch showed that the new corporate structure could support the development and marketing of a conventional Bugatti flagship while the Rimac side of the organization continued to represent electric hypercar development and advanced electrification expertise. The venture’s reported workforce includes employees in both Croatia and France, reflecting its dual operating footprint. Approximately 300 employees were reported at Sveta Nedelja and 135 at Molsheim, for a total of about 435. The geographic arrangement allows the company to combine Croatian engineering and technology capabilities with Bugatti’s French manufacturing and craftsmanship tradition. Bugatti Rimac’s development is therefore best understood as an ownership, governance and technology partnership rather than the launch of a single unified vehicle marque. Its strategic importance lies in managing two prestigious performance brands at a time when the automotive industry is balancing combustion-engine heritage with electrification. Bugatti contributes historic luxury positioning and hypercar expertise, while Rimac contributes electric propulsion, battery technology and a newer software- and technology-led approach to performance vehicles. The company remains active and focused on low-volume, high-value automotive products and associated advanced technologies.

• 2026

  Reported Porsche stake sale

  [1]Bugatti Rimacen.wikipedia.org

  The supplied reference material states that Porsche sold its stakes in Bugatti Rimac and Rimac Group to HOF Capital in April 2026; the transaction should be independently verified.

• 2022

  W16 Mistral presented

  [1]Bugatti Rimacen.wikipedia.org

  Bugatti Rimac presented the Bugatti W16 Mistral on 20 August, marking the venture’s first jointly presented car.

• 2021

  Bugatti Rimac joint venture formed

  [1]Bugatti Rimacen.wikipedia.org

  Bugatti and Rimac Automobili were combined under a new joint venture involving Rimac Group and Porsche, while the two marques continued as separate manufacturers.

• 2021

  Rimac Group takes the reported controlling share

  [1]Bugatti Rimacen.wikipedia.org

  The supplied reference material reports an ownership structure in which Rimac Group holds 55% of Bugatti Rimac and Porsche holds 45%.

A specialist high-performance automotive group combining Bugatti’s French ultra-luxury and combustion-hypercar heritage with Rimac’s Croatian electric-vehicle and advanced-powertrain expertise.

• Ultra-luxury open-top hypercar · 2022

  Bugatti W16 Mistral

  The W16 Mistral is an open-top Bugatti hypercar presented on 20 August 2022. It extends Bugatti’s modern W16 performance tradition into a roadster-style format and represents the first vehicle presented by Bugatti Rimac after the joint venture was established. The model is positioned as an extremely exclusive, high-performance Bugatti rather than as a co-branded Bugatti-Rimac product.

• Ultra-luxury hypercars

  Bugatti hypercar range

  Bugatti’s product business within the joint venture covers highly exclusive hypercars produced under the Bugatti marque. These vehicles emphasize extreme performance, bespoke craftsmanship, luxury materials and the brand’s French heritage. Bugatti continues to operate as a distinct manufacturer from Rimac, with production and brand activities centered in Molsheim, France.

• Electric hypercars

  Rimac electric hypercars

  Rimac’s vehicle business focuses on high-performance battery-electric cars developed in Croatia. The range forms the electric-performance side of the wider Bugatti Rimac structure and draws on Rimac’s expertise in batteries, electric propulsion, software and high-power vehicle systems. Rimac products remain separate from Bugatti products in branding and manufacturing.

• 2026

  Reported sale of Porsche’s interestsM&A

  Background

  The supplied reference material describes a later change in Porsche’s participation in both Bugatti Rimac and Rimac Group.

  Action taken

  Porsche reportedly sold all of its stakes in Bugatti Rimac and Rimac Group to HOF Capital in April 2026.

  Aftermath

  The reported transaction would materially change the venture’s ownership structure, but the date, completion and resulting ownership should be verified against an authoritative current source.

  Source

• 2022

  Present the Bugatti W16 MistralProduct launch

  Background

  The newly established joint venture needed to demonstrate continuity for Bugatti’s established hypercar business while operating under the new ownership structure.

  Action taken

  Bugatti Rimac presented the W16 Mistral, an open-top Bugatti hypercar, on 20 August 2022.

  Aftermath

  The launch established the Mistral as the first jointly presented vehicle associated with Bugatti Rimac, while preserving Bugatti’s independent product identity.

  Source

• 2021

  Create a joint venture between Bugatti and RimacM&A

  Background

  Porsche sought a structure that could combine Bugatti’s ultra-luxury hypercar business with Rimac’s electric-vehicle and advanced-powertrain capabilities while retaining separate operating identities for the two marques.

  Action taken

  Bugatti and Rimac Automobili were placed under Bugatti Rimac, with reported ownership of 55% for Rimac Group and 45% for Porsche.

  Aftermath

  The venture created a shared corporate platform while Bugatti continued operating from Molsheim and Rimac continued operating from Croatia. Rimac Technology remained part of the broader Rimac Group ecosystem.

  Source

• 2026

  Porsche reported to have sold its Bugatti Rimac and Rimac Group stakes[1]Bugatti Rimacen.wikipedia.org

  M&A

  The supplied reference material states that Porsche sold all of its stake in Bugatti Rimac and Rimac Group to New York-based venture capital company HOF Capital in April 2026. This event is retained as a reported ownership development and may require date and transaction verification.

• 2022

  Bugatti Rimac presents the W16 Mistral[1]Bugatti Rimacen.wikipedia.org

  Product launch · Product generation

  On 20 August 2022, the joint venture presented the Bugatti W16 Mistral, its first jointly presented vehicle and an open-top Bugatti hypercar built around the marque’s W16 performance tradition.

• 2021

  Bugatti Rimac joint venture established[1]Bugatti Rimacen.wikipedia.org

  M&A

  Bugatti and Rimac Automobili were brought together in a joint venture backed by Porsche and Rimac Group. The arrangement placed Bugatti under the leadership and control of the Rimac organization while giving Porsche a larger stake in the broader Rimac business.

1. 1Bugatti Rimacen.wikipedia.org