Rimac: Secure future for Bugatti 🎥
UNDER ROOF AND FLECH Bugatti and the Croatian electric hypercar manufacturer Rimac are merging to form a joint venture in which Porsche holds a 45 percent stake. Rimac is the majority shareholder with 55 percent.
The new Bugatti Rimac joint venture is based in Sveta Nedelja in Croatia.
Both brands and manufacturers will operate independently and retain their respective production facilities in Zagreb and Molsheim. Sales and distribution will also continue separately. For Bugatti in particular, this step secures the future.
Stephan Winkelmann heads Lamborghini
The previous Bugatti boss, Stephan Winkelmann, has resigned from his post to focus on his role as president of Lamborghini.
In addition to Mate Rimac, the new management team includes Christophe Piochon, the former production manager and co-managing director of Bugatti. Larissa Fleischer, formerly of Porsche, will be Chief Financial Officer.
Former McLaren chief engineer Emilio Scervo will be in charge of technical management. Porsche CEO Oliver Blume and his deputy, CFO Lutz Meschke, are represented on the new company's supervisory board.
Employment of over 2500 employees
The move to the new Rimac Campus, which is currently being built, is planned for the year after next. The joint Bugatti Rimac research and development will also be located there. More than 2,500 people will work on the 200,000 square meter site, which cost 200 million euros.
In parallel, all Bugatti models will continue to be manufactured at the factory in Molsheim. The Bugatti Rimac joint venture will start with around 435 employees, of whom around 300 will work in Zagreb and around 135 in Molsheim, Alsace.
