NEW INTEREST IN PORSCHE’S STAKE IN BUGATTI RIMAC: HOF CAPITAL AND BLUEFIVE ENTER TALKS, DEAL VALUED UP TO €1 BILLION
A major ownership story is gaining traction around Bugatti Rimac. According to reports carried by international business sources, talks are underway about a potential sale of Porsche’s 45% stake in Bugatti Rimac, the company that also holds the Bugatti brand. Media estimates value the possible transaction at around €1 billion, with a decision potentially coming within the next few weeks.

Who is behind the interest?
The potential buyers mentioned in the reports are:
- HOF Capital, an investment vehicle founded by Egypt’s Sawiris family
- Abu Dhabi-based fund BlueFive Capital, a private equity firm led by Hazem Ben-Gacem, the former CEO of Investcorp
The story also mentions Onsi Sawiris (co-founder of HOF Capital), the son of billionaire Naguib Sawiris.
What could change at Bugatti Rimac?
The ownership structure being cited is 55% held by Mate Rimac and 45% by Porsche. Beyond acquiring Porsche’s stake, the prospective investors could also bring fresh capital to support further growth and expansion.
A spokesperson for Rimac, quoted by Bloomberg, confirmed that talks are taking place, while stressing that no agreement has been reached.

Why this matters for Rimac — and for Porsche
Rimac has previously spoken about wanting a simpler ownership structure and greater freedom for long-term decision-making, without constant alignment among multiple shareholders and competing interests—an angle often seen as part of the logic behind any potential changes.
On Porsche’s side, the same reports place the story in the context of broader pressures: profitability challenges, cost-cutting and restructuring, and a demanding global market environment—particularly in the luxury and electrification sectors.
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