Bugatti Rimac

Bugatti Rimac d.o.o.
Company typeJoint venture (d.o.o.)
IndustryAutomotive
FoundedNovember 1, 2021; 3 years ago (2021-11-01)
Headquarters
Sveta Nedelja
,
Croatia
Area served
Worldwide
Key people
Mate Rimac (CEO)
Products
OwnersRimac Group (55%)
Porsche (45%)
Number of employees
435 (2021)[1]
Subsidiaries
Websitebugatti-rimac.com

Bugatti Rimac is a joint venture headquartered in Sveta Nedelja, Croatia, known for the car brands Bugatti and Rimac.[2] The two brands were united under the business decision of Porsche, giving control of Bugatti to Mate Rimac and in return receive more share in Rimac Group, which includes Rimac Technology, a company that develops batteries and powertrains. Through this Rimac Group owns 55% and Porsche 45% in Bugatti Rimac.[3] Rimac Group in turn is owned by Mate Rimac (35%), Porsche (22%), Hyundai (11%) and other minority shareholders.[4]

Rimac Automobili and Bugatti Automobiles will continue to operate as separate brands and manufacturers, retaining their production facilities in Zagreb, Croatia and Molsheim, France, as well as distribution channels. The global headquarters of Bugatti Rimac is located in the previous headquarters of Rimac Automobili in Sveta Nedelja near Zagreb. In time, it will move to the announced Rimac Campus of 200,000 square meters, which is also located in Sveta Nedelja, and which should be opened in 2023.[1]

Bugatti Rimac is already a company with 435 employees, 300 of them in Sveta Nedelja and another 135 in Molsheim in France. The Rimac Group adds that their work will be supported by 180 people at the location of Bugatti Engineering in Wolfsburg, which will be part of the German branch of Bugatti Rimac.[1]

On 20 August 2022, Bugatti Rimac presented its first joint car, the Bugatti W16 Mistral. The Mistral will be a roadster with an 8.0 L W16 engine with 1,600 hp and 1,600 NM of torque. It will be produced in 99 units, worth 5 million euros each.[5]

  1. ^ a b c Ivezić, Bernard (2 November 2021). "Bugatti Rimac krenuo s radom: Objavljena vlasnička struktura i koja će biti funkcija Mate Rimac" [Bugatti Rimac started operating: Published ownership structure and what will be the function of Mate Rimac]. Jutarnji list (in Croatian). Retrieved 2 November 2021.
  2. ^ "Rimac Automobili and Bugatti Begin Operating Under New Company: Bugatti Rimac". Rimac Automobili. 2 November 2021. Retrieved 21 August 2022.
  3. ^ Sykes, Nolan (27 September 2021). "How This Obscure Carmaker Bought Bugatti". Youtube. Donut Media. Retrieved 21 August 2021.
  4. ^ https://www.rimac-group.com/rimac-group/ [bare URL]
  5. ^ "Najbrži roadster na svijetu: Bugatti W16 Mistral od 1600 KS proizvest će se u samo 99 jedinica" [The fastest roadster in the world: the Bugatti W16 Mistral with 1600 hp will be produced in only 99 units]. Jutarnji list (in Croatian). 20 August 2022. Retrieved 7 September 2022.