424 Record BREAKING Product

A unique opportunity for a group of global companies

PERRINN has created an opportunity for a few companies to write a piece of technological and human performance history.

We are about to tell the world the incredible story of how a network of companies and talented people are going to break the most prestigious lap record at the Nürburgring Nordschleife with the 424 electric hypercar.


To guarantee that this difficult mission is successful, PERRINN has integrated the best solutions from leaders in the motorsport and automotive sectors for tires, electrical powertrain, battery system, braking system and composites. No stone has been left unturned during a preparation that has lasted more than 10 years.

424 will be driven by a racing driver with proven track records and a global following.


For 18 months, we will publish a live documentary of our journey on social media for the public to witness how we are going to break the record.

The current overall record is held by Porsche with a hybrid hypercar and a time of 5:19.

The electric record is held by Volkswagen with a time of 6:05.

PERRINN 424 is capable of a time of 4:59 (20 seconds faster than Porsche). The models and simulations have been developed through intense research and development under the leadership of Nico Perrin, Formula 1 and Formula E senior engineer.

Once the record is broken, the story will travel further and reach a global audience. It will be remembered for years to come as one of the great technological achievements.

It will be the first time Porsche has been defeated on their home turf (they have held the record twice since the 1980s).

A legendary track:

VW ID.R

Current electric record

6:05.336, June 2019

NIO EP9

Previous electric record

6:45.90, May 2017

Porsche 919 Evo

Current all time record (hybrid)

5:19.55, June 2018

PERRINN 424

Simulated lap time

4:59.000

919 Evo record lap (8.8m views)

424 simulated lap (4:59)

Less physical, more digital

To be sustainable, cost effective and provide more value for our partners, our strategy is to be less physical and more digital. We leverage cloud computing solutions to develop 424 using the latest modelling and simulation tools available. We work with a distributed team of talents globally and tell our story online.

A dedicated digital team will manage our marketing content and strategy to leverage the Nürburgring lap record journey from start to finish. We will produce a live documentary on social media that integrate our partner's products and services to accelerate their growth. The Nürburgring record event will be primarily a live digital event for the public to follow for free.

The total budget for this record breaking journey is £16m

It will take us 18 months to achieve the record.

To raise this budget we are selling the following to a group of global companies:

Title rights

£9m

Title marketing rights, title name (example "TITLE PERRINN 424"), 50% of the car livery space, communication rights and activation

livery space

£5m

50% of the livery space, communication rights and activation to be shared by a small group of companies

the PHYSICAL car

£2m

Ownership of the record breaking car complete with dummy battery ("museum car") with option to use it at the track.

This budget will cover:

Our 18 months plan in 3 parts

6 months designing

Detail designs, supply chain in place.

6 months building

Manufacturing and assembly 424. We will train our driver in our simulator.

6 months testing

Test 424 in the UK. We will go to Spa (Belgium) as a final test and spend 3 full days at the Nürburgring to achieve the lap record. We will perform 6 laps per day at the Ring.

PERRINN is a new digital platform, a team built as a network that innovates faster and at lower cost. We are leveraging the power of the internet, social media, digital product development and network effects to deliver world class projects that will inspire the next generation of engineers while delivering tangible returns for our partners.

Nico has a track record for delivering successful projects like the electric record at the Nürburgring in 2016 with NIO EP9 and the constructor world championship in 2023 with Jaguar in Formula E.

Nico Perrin (Founder)

I have 25 years of experience at the top level of Motorsport. My career choices were made with 424 in mind. I wanted to become one of the best engineers in my industry capable to deliver such a complex project.

I was lucky to work for world class teams and to invest time in all aspects of Motorsport engineering and innovation, from concept design, aerodynamic / mechanical design and optimisation to race engineering.

I have a passion for global innovation, sustainability and new technologies.

2001-2004 ; 2012-2013

Le Mans 24h : Courage and Pescarolo as race engineer and chief designer.


2005-2011

Formula 1 : Williams F1 as race performance engineer and aerodynamicist.


2015-2016

Electric hypercar : NIO as chief aerodynamicist and race engineer for the EP9 world record campaign (electric record at the Nürburgring).


2018-present

Formula E : Jaguar FE as senior engineer (constructor's world champion 2023).

For enquiries email hello@perrinn.com

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