Porsche Sells Entire Stake in Bugatti Rimac

[Corporate Move] Porsche has divested its 45% stake in Bugatti Rimac, fully exiting the joint venture.

Core Development: Porsche Focuses on Core Brand Strategy Amid Contraction

On April 24, Porsche announced the sale of its 45% equity stake in Bugatti Rimac to an investment consortium led by U.S.-based HOF Capital. Upon completion of the transaction, Porsche will completely exit the joint venture, and Rimac Group will assume full operational control.

Key Figures: Valuation Exceeds $1 Billion, Profits Plummet by 93%

Bugatti Rimac was established in 2021 and is currently valued at over $1 billion (approximately RMB 6.844 billion). This divestment comes during a period of strategic realignment for Porsche—its operating profit for 2025 has plunged by 93%, while its parent company, Volkswagen Group, faces a controlling stake crisis.

Strategic Rationale: Focus on Core Business, Exit Non-Core Supercar Assets

Porsche’s new CEO, Michael Lohscheller, stated that this move aims to concentrate resources on revitalizing the Porsche core brand and acknowledged that Rimac has matured into a leading Tier 1 technology supplier.