Porsche AG expects to generate roughly €1 billion ($1.16 billion) from the sale of its stake in the Bugatti supercar brand venture. The German sports car manufacturer, majority-owned by Volkswagen AG, plans to allocate €250 million of these proceeds towards its pension obligations. This transaction marks Porsche's exit from Bugatti Rimac and Rimac Group, a move aimed at focusing on its core business.
The completion of this sale, which received regulatory approvals, was announced on September 9, 2026. The deal involves Porsche selling its 45% stake in Bugatti Rimac and its 21% stake in Rimac Group to a consortium led by U.S.-based investment firm HOF Capital, with Abu Dhabi-based BlueFive Capital as the largest investor. This divestment was initially agreed upon in April 2026.
The cash inflow from this sale is expected to significantly boost Porsche's financial outlook. The company has revised its Automotive Net Cash Flow Margin forecast for the full year 2026 to 5.5% to 7.5%, a substantial increase from its previous forecast of 3% to 5%. This revised outlook specifically accounts for the proceeds from the divestment and the funding of pension obligations, indicating that the improvement is driven by the sale rather than a recovery in its core car business.
