2013 Tesla Model S on 2040-cars

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UPDATE: Porsche could raise its stake in Rimac, and Rimac weighs in

CLARIFICATION: An earlier version of this Reuters story said Porsche could raise its stake in Rimac to nearly 50%, but Rimac reached out to Autoblog to say that's not so. Here is a statement from Mate Rimac: "We have a very strong partnership with Porsche that is key for Rimac Automobili. Porsche is a shareholder in Rimac since 2018 with 15.5% ownership currently, accumulated over several rounds of investment. While it is true that we are discussing further expansion of this collaboration that will lead to increase of Porsche's stake in Rimac Automobili, some media have mistakenly reported that Porsche would take over 50% or nearly 50% of the company.   We are very happy that the partnership with Porsche will strengthen even further, but it is in the interest of both Rimac and Porsche that Rimac is a fully independent company. We are working with many car companies that are not our shareholders and there is a clear separation between shareholding and projects. It is very important to us that our industry customers have the peace of mind that Rimac is independent and that there is an "Information Firewall" between projects and shareholders (not only Porsche, but also Hyundai and others) - and this will not change. Confidentiality is very valued in the industry and one of the basics for collaboration between companies. Our shareholders are happy with such an arrangement and expect the same level of professional behaviour and confidentiality for their projects and customer projects.   So, the point is: Porsche's stake will increase but nowhere near to 50% and Rimac will remain independent with many industry customers that are not our shareholders/investors." The original story, with the 50% reference removed, appears below.   FRANKFURT — Volkswagen unit Porsche is participating in a financing round of Rimac Automobili that will see the electric supercar maker raise 130 million-150 million euros ($157 million-$181 million), its owner Mate Rimac told weekly Automobilwoche. The fundraising should be completed in two to three months and another round is planned at the end of the year, Rimac told the trade journal. Porsche owns a 15.5% stake in Rimac Automobili and could raise its stake in a deal that would also include the transfer of Volkswagen's supercar brand Bugatti to Rimac, Automobilwoche said. Volkswagen and Rimac were not immediately available for comment on Sunday.

Bugatti Chiron Pur Sport: born to speed (and drift) through the twisties

Bugatti made automotive history in 2019 when it built a long-tail variant of the Chiron that was still accelerating when it smashed through the 300-mph barrier. With the speed record broken and set, the French company wants to prove it also knows a thing or two about handling with a new Chiron version named Pur Sport. "It's a lot of little details that add up to a very different driving experience. You immediately feel the car is nimbler and more agile," explained Frank Heyl, the company's deputy design director, in an interview with Autoblog. Heyl's team worked directly with Bugatti's engineering department to create a front fascia with wider air intakes, a redesigned splitter, and a bigger grille. Out back, it's impossible to miss the 74-inch long wing that unlocks quicker cornering speeds by adding downforce. Below it, a pair of exhaust tips 3D-printed in titanium are integrated into a taller air diffuser made with carbon fiber. There's no way to miss the Pur Sport if it passes you on the highway. The rear wing is fixed, and its mounts form an X-shaped insert. Heyl told us Bugatti deliberately sent the Chiron's hydraulically-operated spoiler back to the parts bin to save as much weight as possible. It shaved a total of 110 pounds, which is far more impressive than it sounds. "You have to consider this: we've done everything we could to save weight on the base Chiron. We've put the most expensive materials inside this car, and used the most expensive solutions already. To gain another [110 pounds] was quite a challenge," he pointed out. The wheels received attention, too, and we're not just talking about the design or the -2.5 camber angle. "[The two rings] suck air from the inside of the wheel to the outside, which creates downforce and improves the brake cooling by increasing airflow through the wheel," Heyl explained. The 20-inch front and 21-inch rear wheels are made of magnesium to reduce unsprung mass by 35 pounds, and they're wrapped by Bugatti-exclusive Michelin Sport Cup 2 R tires manufactured with a stickier compound. All told, the tweaks made at the Chiron's four corners increase its lateral acceleration by 10%. Heyl's equation is beginning to add up. Alcantara upholstery largely replaces leather in the cabin. It's lighter, and it does a better job of ensuring the driver's butt doesn't slide around when racing up a mountain road.

Bugatti Veyron 16.4 Grand Sport Vitesse is the same Bug with new paint

We typically wince any time a manufacturer rolls out a special edition that's little more than a coat of paint, but we'll make an exception in this case. Bugatti parked the Veyron 16.4 Grand Sport Vitesse on the lawn of the Quail Motorsports Gathering, resplendent in its Bianco and Light Blue livery. The paint scheme is a tribute to the 1928 Type 37A. That open-wheel racer took the checkered flag at a number of grand prix events and now finds itself in the loving care of none other than Jay Leno himself.
As with the rest of the Veyron Grand Sport models, the Vitesse can bolt to 62 mph from a dead stop in a physics-obliterating 2.6 seconds. The feat is possible thanks to a range of impressive mechanical systems, though the 1,200 horsepower forced-induction W16 at the heart of it certainly doesn't hurt. Check out the Vitesse in the gallery below and have a peek at the full press release as well.