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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.
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The newly formed Rimac Group will be the majority shareholder with a 55% stake in Bugatti Rimac, while Porsche AG will hold the remaining 45% stake, as well as a 24% stake in Rimac Group. [9] The formation of Bugatti Rimac d.o.o. took place in the fourth quarter of 2021. [3]
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Rimac's first car was a converted 1984 BMW M3 called the Rimac e-M3, nicknamed the "Green Monster" by the designers working for the company. With a 0–100 km/h (62 mph) acceleration achieved in 3.3 seconds, it earned the title of fastest-accelerating electric vehicle in Category A, Group VIII (electric vehicle) and Class 3 (over 1,000 kg) in 2011.
Louis Chiron held the most podiums in Bugatti cars, and the modern marque revival Bugatti Automobiles S.A.S. named the 1999 Bugatti 18/3 Chiron concept car in his honour. But it was the final racing success at Le Mans that is most remembered—Jean-Pierre Wimille and Pierre Veyron won the 1939 race with just one car and meagre resources.
Mate Rimac (born 12 February 1988) [1] is a Croatian innovator and entrepreneur. [2] [3] [4] He is the founder and CEO of the Rimac Group, a business which includes Bugatti Rimac – composed of the Bugatti Automobiles and Rimac Automobili brands – as well as Rimac Technology, a supplier of technology to automotive brands.