Quick Facts: Bugatti
| Owner | Bugatti Rimac (Porsche AG ~45%, Rimac Group ~55%) |
| CEO | Mate Rimac (Rimac Group CEO) |
| Founded | 1909 (by Ettore Bugatti) |
| Headquarters | Molsheim, Alsace, France |
| Ownership Type | Private |
| Stock Ticker | N/A |
| Publicly Traded | No |
Who Owns Bugatti?
Bugatti is owned by Bugatti Rimac, a joint venture formed in 2021 between Porsche AG and Rimac Group, the Croatian electric hypercar company founded by Mate Rimac. Under the joint venture structure, Rimac Group holds approximately 55% of Bugatti Rimac, while Porsche AG holds approximately 45%. This partnership brought together two of the most technologically ambitious names in the supercar world — Bugatti’s century-old legacy of extreme combustion-powered hypercars and Rimac’s cutting-edge expertise in electric vehicle technology.
Prior to the Bugatti Rimac joint venture, Bugatti was owned by the Volkswagen Group, which had acquired the brand in 1998 and revived it after decades of dormancy. Under VW Group ownership, Bugatti produced the legendary Veyron (2005–2015) and the Chiron (2016–), both setting benchmarks for speed and engineering complexity. When the Bugatti Rimac joint venture was formed in 2021, Porsche — acting independently within the Volkswagen Group — contributed its Bugatti shares to the new entity. Mate Rimac’s Rimac Group holds the majority stake, reflecting the Croatian entrepreneur’s vision for the future direction of the Bugatti brand.
Bugatti Automobiles itself — the operational entity that designs, builds, and sells Bugatti cars — remains headquartered in Molsheim, Alsace, France, the city where Ettore Bugatti first established his factory in 1909. The brand is led by its own president and management team. Christophe Piochon serves as President of Bugatti Automobiles. The company produces cars in extremely limited quantities — typically fewer than 100 vehicles per year — and each car carries a price tag of several million dollars. Bugatti’s most recent production hypercar, the Tourbillon, was announced as the successor to the Chiron.
About Mate Rimac and Rimac Group
Mate Rimac is a Croatian entrepreneur born in 1988 who founded Rimac Automobili in 2009 after converting a BMW E30 to electric power in his garage. He built the company into a global leader in electric hypercar technology, with Rimac’s cars including the Concept One and the Nevera setting records for electric vehicle performance. Porsche AG has been an investor in Rimac since 2018, which set the stage for the broader Bugatti Rimac joint venture. Rimac Group also operates Rimac Technology, a separate subsidiary that supplies battery systems and electric powertrain components to other automotive manufacturers.
Key Ownership Highlights
- Bugatti Rimac joint venture formed in 2021: Porsche AG and Rimac Group created the Bugatti Rimac joint venture in 2021, with Rimac holding approximately 55% and Porsche approximately 45%. The deal transferred Bugatti from Volkswagen Group’s broader portfolio into a more focused partnership oriented around the future of hypercars.
- Mate Rimac holds the majority stake: Through Rimac Group, Mate Rimac controls the larger share of Bugatti Rimac. The Croatian entrepreneur and visionary has positioned the joint venture to explore the future of hypercars, including potential electrification of the Bugatti lineup.
- Bugatti has a 100+ year history: Founded by Italian-born engineer Ettore Bugatti in 1909 in Molsheim, Alsace, the brand has produced some of the most celebrated automobiles in history. Its Type 35 racing car and Type 57 Atlantic are considered masterpieces of automotive design.
- Porsche AG is a key partner: Porsche AG, part of the Volkswagen Group (itself owned by Porsche SE and the Piech-Porsche family), holds roughly 45% of Bugatti Rimac. Porsche has been an early supporter of Mate Rimac’s electric vehicle vision since investing in Rimac Automobili in 2018.
- Production is extremely limited: Bugatti produces fewer than 100 cars per year, making each vehicle an ultra-exclusive product. The Chiron and its variants have been priced at over $3 million per car, and limited-edition models have sold for significantly more.
Frequently Asked Questions
Who owns Bugatti?
Bugatti is owned by Bugatti Rimac, a joint venture between Rimac Group (approximately 55%, led by Mate Rimac) and Porsche AG (approximately 45%). The joint venture was formed in 2021, transferring Bugatti from the broader Volkswagen Group to this focused partnership.
Is Bugatti publicly traded?
No. Bugatti is privately held through the Bugatti Rimac joint venture. Neither Rimac Group nor Bugatti Rimac are listed on a public stock exchange.
Did Volkswagen own Bugatti?
Yes. Volkswagen Group owned Bugatti from 1998 until 2021, when Porsche AG — acting within the VW Group — contributed its Bugatti ownership to the new Bugatti Rimac joint venture with Mate Rimac’s Rimac Group.
Where are Bugatti cars made?
Bugatti cars are manufactured in Molsheim, Alsace, France — the same city where Ettore Bugatti established the company’s factory in 1909. The Molsheim atelier remains the heart of Bugatti’s design and engineering operations.