HOF Capital Acquires Porsche's Stake in Bugatti Rimac for Future Growth

HOF Capital Partners with Rimac Group

In a groundbreaking move within the automotive and investment sectors, HOF Capital, a New York-based investment firm, has taken steps to secure a significant stake in Bugatti Rimac by acquiring Porsche's equity shares. This strategic decision signals a new chapter for both Bugatti Rimac and Rimac Group, promising to shape the brands' future as leaders in innovation and automotive excellence.

The Deal Unveiled

On April 24, 2026, it was officially announced that Porsche has agreed to divest its equity stakes in both Bugatti Rimac and Rimac Group to a consortium led by HOF Capital. The agreements were signed under the watchful eyes of executives from all parties involved, marking a transformative moment for the joint venture established in 2021. This venture, initially created to maintain the legacy of the Bugatti brand, has seen Porsche holding a 45% stake while Rimac Group has held a controlling 55%.

The deal encompasses not just the renouncement of Porsche's share in Bugatti Rimac, but also a 20.6% stake in the Rimac Group, triggering a pivotal shift in ownership dynamics. With HOF Capital at the helm, alongside its major investor BrightFive Capital and other institutional stakeholders from Europe and the U.S., Rimac Group is poised to take definitive control of Bugatti Rimac. This transition is aimed at fostering sustained growth and innovation, enhancing Bugatti's market presence and technology advancement.