Rimac has made a bid for Porsche's stake in Bugatti

The hypercar maker wants to secure the 45% stake of the company for their own.

It's been a little over four years since the Croatian electric car manufacturer and battery manufacturer Rimac Group bought 55% of VAG-owned Bugatti and decided to make the new Bugatti model a hybrid car with an analogue gauge cluster and a Cosworth-developed V16 engine with a displacement of over ten litres.

However, the founder of Rimac, Mate Rimac, is already tired of the German bureaucracy that came with having to answer to a board of directors crammed with Porsche executives and therefore now intends to buy the 45% that Porsche owns. Considering that the manufacturers of the legendary 911 are doing really badly right now and considering that Rimac is succeeding, a deal certainly doesn't seem impossible to get. This via Motor1 (via Bloomberg).

Mate Rimac:
"I just want to be able to make long-term decisions, to make long-term investments, and to do things in a different way, without having to explain to 50 people."

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