Trending Now - Porsche Exits Bugatti Stake Amid Electric Future Challenges

WHO:

CNBC - Porsche AG, Rimac Group, HOF Capital, BlueFive Capital

Ars Technica - Porsche, Bugatti, Rimac Group

WHAT:

CNBC - Porsche has agreed to sell its 45% stake in Bugatti Rimac, fully exiting the joint venture.

CNBC - Porsche will also divest its 20.6% stake in Rimac Group.

CNBC - The deal involves a consortium led by HOF Capital, with BlueFive Capital as its largest investor.

CNBC - Financial terms of the transaction were not disclosed.

CNBC - Shares in Frankfurt-listed Porsche dropped 1.6% in early trading on Friday.

WHERE:

CNBC - The Bugatti booth was visited during the Consumer Electronics Show (CES) 2026 in Las Vegas, Nevada.

WHEN:

CNBC - Bugatti Rimac was established in 2021.

CNBC - The Consumer Electronics Show (CES) took place on January 6th, 2026.

WHY:

CNBC - The sale comes amid mounting pressure for automakers to restructure business portfolios due to slowing growth, rising costs, and intensifying margin pressure from tariffs and geopolitical disruption.

HOW:

CNBC - Rimac Group will take full operational control of Bugatti Rimac following the transaction's completion and will form a strategic partnership with BlueFive and HOF Capital to support the brand's growth.

(UPDATED April 24, 2026 17:22 UTC)

Porsche has agreed to sell its 45% stake in Bugatti Rimac, fully exiting the joint venture, and will also divest its 20.6% stake in Rimac Group, with the deal being led by a consortium that includes HOF Capital and BlueFive Capital. Shares in Porsche dropped 1.6% in early trading on Friday, reflecting the financial pressures facing automakers amid slowing growth and rising costs. Following the completion of the transaction, Rimac Group will take full operational control of Bugatti Rimac and form a strategic partnership with BlueFive and HOF Capital to support the brand's growth.