Porsche Stake in Bugatti Put Up for Sale as Big Investment Funds Circle
Porsche’s stake in Bugatti is attracting the attention of international investment funds, even though the price tag is enough to make seasoned automotive executives pause. At least one billion euros, roughly what some countries spend on road maintenance in a year, is the asking price for 45 percent of one of the world’s most exclusive car brands.
According to Bloomberg, investment funds HOF Capital and BlueFive Capital are in talks to acquire Porsche AG’s holding in Bugatti. Sources say a deal could be reached within months, with the valuation exceeding one billion euros. No official statements have been made so far, but negotiations are clearly under way behind the scenes.
HOF Capital was co founded by Ons Saviris, heir to one of Egypt’s wealthiest families. BlueFive Capital is led by Hazem Ben Gacem, formerly chief executive of Investcorp. These are not speculative players chasing quick returns, but investors known for pursuing long term value and influence.
If the transaction goes ahead, new investment would flow into Bugatti through Rimac, which already holds a majority stake in the brand. Rimac controls 55 percent of the shares, while Porsche owns the remaining 45 percent.
The situation has shifted markedly since autumn. In October, Rimac publicly stated its intention to buy out Porsche’s stake itself. The figure mentioned then was the same, around one billion euros. Now third parties appear to have entered the picture, bringing capital and ambitions that go beyond simple control of a car manufacturer.
The French luxury marque Bugatti has operated as a joint venture between Rimac and Porsche since 2021. Porsche AG entered the partnership to blend traditional engineering expertise with next generation electric technology. The current willingness to sell suggests a reassessment of that strategy.
For Bugatti, new investors would mean fresh capital at a time when the hypercar market is narrowing and electrification demands enormous spending. Rimac, which built its reputation on electric supercars, would gain breathing space and the freedom to develop future models without direct oversight from Porsche.
Traditional carmakers are trimming their exposure to niche brands and redirecting funds towards core operations. Investment funds, meanwhile, are increasingly stepping into the luxury car world, drawn by more than prestige alone. In Bugatti’s case, the deal is not just about factories and models, but about assigning a very precise financial value to a legend.
