Porsche agreed to sell its ownership stakes in both the Bugatti-Rimac joint venture and the broader Rimac group, the company announced today.Porsche currently holds a 20.6 percent stake in the Rimac Group, as well as a 45 percent stake in the Bugatti-Rimac joint venture formed in 2021. Ownership will pass to a consortium led by the U.S.-based HOF Capital that also includes the Abu Dhabi–based BlueFive Capital as its largest investor.