Rimac Founder Says He Is in Talks With Porsche on Bugatti Buyout

Mate Rimac next to a Bugatti Chiron Super Sport at The Quail, A Motorsports Gathering in Carmel, California. — Mate Rimac next to a Bugatti Chiron Super Sport at The Quail, A Motorsports Gathering in Carmel, California.
Photographer: David Paul Morris/Bloomberg

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By Rthvika Suvarna and Patrick Winters

October 15, 2025 at 8:05 AM UTC

The founder of Croatian sports-car maker Rimac Group says he is in talks to buy out Porsche AG’s stake in their joint venture Bugatti Rimac and is working toward a deal by next year.

“It’s no secret that we are in discussions,” said Mate Rimac, giving his most detailed comments yet on the potential transaction.