Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Mate Rimac was also functionally placed in charge of Bugatti by Rimac and Bugatti becoming a joint venture.

Moreover, Porsche has invested heavily into the brand and currently has between a 45 - 58% stake in it following the formation of the Bugatti-Rimac JV. I'm giving a range for Porsche's ownership because there are multiple conflicting sources.



45% is the direct ownership, but Porsche also has indirect ownership on top.

From the Rimac press releases we have two different states with accompanying charts.

2021-07-05 - Porsche owns 45% of the joint venture directly, plus 24% of Rimac for an effective total of 58.2%. [1]

2021-11-02 - Porsche owns 45% of the joint venture directly, plus 22% of Rimac for an effective total of 57.1%. [2]

--

[1] https://www.rimac-automobili.com/media/press-releases/rimac-...

[2] https://www.rimac-automobili.com/media/press-releases/rimac-...




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: