French hypercar manufacturer Bugatti, which saw a revival in the early 2000s at the hands of the Volkswagen Group, is splitting from its longtime parent company. Corporate partner Porsche has sold its stake in the brand to a New York–based investment consortium, rendering product and development control entirely to Rimac. The Croatian supercar firm has been involved in a joint venture with Bugatti since 2021, and Porsche’s latest move will allow company founder Mate Rimac to mold Bugatti’s future in his image.
