Porsche Exits Bugatti Rimac
Automobiles
- 3 hr, 54 min ago
German sportscar manufacturer Porsche has agreed to sell its entire equity stake in Bugatti Rimac and Rimac Group to a consortium led by HOF Capital, a New York-based investment firm. The deal was signed on April 24, 2026, and is expected to be completed before the end of 2026, pending regulatory clearances.