Bugatti to be sold to Rimac: Report
Volkswagen close selling Bugatti to Rimac according to Car Magazine
Volkswagen is looking to sell Bugatti to Rimac, according to a report from Car Magazine. Not only are they looking to sell Bugatti, but they are apparently close to finishing the deal.
This might just be the biggest automotive news of 2020. Volkswagen selling Bugatti, the company that's built some of the fastest production cars the world has ever seen by using ridiculously powerful W-16 engines, to Rimac, and electric hypercar company, home to some of the fastest electric production cars ever made, is a crazy idea in concept.
This is how the deal would work: Porsche would give all of Bugatti's assets to Rimac in exchange for a 49% stake in Rimac. If the deal goes through, it is very likely that current Bugatti CEO Stephan Winkelmann will leave the company.
While Bugatti is refusing to confirm any of this, it wouldn't be a total shocker if this deal actually goes through. Porsche owns a 15.5% stake in Rimac, and as a result of this, Porsche has tossed the idea before to put Rimac's technologies into Bentley's and Bugatti's. And, according to the report on Car Magazine, Rimac went to the Bugatti factory and left stunned.
So what does this mean for Bugatti?
So, the big question is: what will this mean for Bugatti? Well, the short answer is that Bugatti will become electric. No more W-16 engines, and more electrification. This can be good news and bad news, depending on how you look at the situation. Rimac isn't foreign to making some fast cars, as their latest car, the C_Two, is said to have a top speed of 256 miles per hour, which is faster than the first Veyron. And with the acquisition of Bugatti, those top speed numbers are inevitably going to go up, and we may start seeing some crazy top speed records. The bad news being that Bugatti's W-16 engine will be no more, and it'll most likely be replaced by batteries.
While this varies depending on what you read, it seems like it's a safe bet assume Bugatti is going to be sold to Rimac in the near future. And with that, we can say goodbye to W-16 engines and hello to a new, electrified era of Bugatti.