Rimac Finalizes Bugatti Takeover, Ending All VW Ownership

Without Porsche’s influence, Mate Rimac will steer Bugatti’s future. Mate Rimac spent more than 18 months trying to buy out Porsche. Porsche has earned €1 billion ($1.16 billion) from the deal. When the VW Group transferred ownership of Bugatti to a new venture between Rimac and Porsche in 2021, the goal was to use Rimac’s expertise to build an all-electric Bugatti. Instead, Mate Rimac spearheaded the creation of the V16-powered Toubillon, and now, VW and Porsche’s ownership stakes in the iconic French brand have officially shrunk to zero. var adpushup = window.adpushup = window.adpushup || {que:[]}; adpushup.que.push(function() { if (adpushup.config.platform !== “DESKTOP”){ adpushup.triggerAd(“0f7e3106-c4d6-4db4-8135-c508879a76f8”); } else { adpushup.triggerAd(“82503191-e1d1-435a-874f-9c78a2a54a2f”); } }); Following…

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