Saudi Arabia Buys Stake In Italian Supercar-Maker Pagani - NewsBreak

Italian hypercar manufacturer Pagani has a new investor that promises funds for new tech development. Saudi Arabia's Public Investment Fund known as PIF has taken a minority stake in Horacio Pagani SpA to help fund the hypercar manufacture's next steps in vehicle development. This minority stake in Pagani follows PIF's investment in electric can manufacturer Lucid and will be a unique and exciting part of their investment portfolio.