Porsche is selling its equity stakes in Bugatti Rimac and Rimac Group to a consortium led by HOF Capital, a New York-based investment firm. The transaction agreement was signed on April 24. Porsche and Rimac Group established Bugatti Rimac as a joint venture in 2021. Porsche holds a minority stake of 45%, while Rimac Group owns […]

The post Porsche sells its stake in Bugatti Rimac appeared first on The Supercar Blog.