QUESTIONS & ANSWERS
Motion Systems: What is PERRINN Limited?
Nicolas Perrinn: PERRINN Limited is a UK company launched in 2011 by Nicolas Perrinn. It is the company that serves as the legal entity for the PERRINN team and that launched project 424.
MS: What is PERRINN?
NP: PERRINN is a global team built as a network of individuals and organizations. All our members use an open communication protocol to interact using the PERRINN.com app.
MS: What is PERRINN 424?
NP: 424 is the project developed by the PERRINN team. It is an open source project aimed at building the fastest electric hypercar. Initially 424 focus is on setting a new outright record at the Nurburgring Nordschleife. This means beating the current record held by Porsche 919 Evo. Longer term 424 will race at Le Mans 24H as an hydrogen, open source entry.
MS: Who is the owner/founder?
NP: PERRINN team is owned by its community of members. PERRINN Limited owns part of the PERRINN team, but the rest is owned by the contributors and members that have joined the community. We have a digital token called COIN that helps manage the ownership of the team.
MS: Why is PERRINN 424 so special?
NP: We have a number of USP making us unique: our members and contributors are distributed globally, there is no headquarters for the project. 424 is open source and yet is developed by experts in the Motorsport industry. We are creating a valuable database that will be re-used in the sim racing, engineering, digital industries. We are also focusing on very difficult challenges like the Nurburgring record and Le Mans 24H racing. Likewise, we are currently in the digital phase of the project, and we use crowdfunding to grow. When we transition to the physical phase of 424, we will raise funding through corporate sponsorship.
MS: What is the goal, and what is the time schedule planned?
NP: In 2022, we are finalizing the digital development of 424. In 2023, we are focusing on fund-raising to start building 424. 2024 is the year when we aim to set the Nurburgring record. After that, we will switch our attention to the Hydrogen Le Mans 424 car. The goal is to go racing as an open source team, supported and followed by a large community. We also want to show a new way to innovate and develop such projects.
MS: Why can simulation help within the project?
NP: We have a digital first strategy to develop our car and our team. We use the internet as the foundation layer for our project. Simulation tools have reached such a high level of fidelity that it is now possible to do most of the testing and development digitally, from aerodynamics to structural analysis to electrical powertrain control and finally to driving the car. We are also very excited about the potential of involving the sim racing community into our process.
MS: What is the future of PERRINN?
NP: PERRINN will continue to grow as a global team. We want to deliver a new experience for our members by leveraging the open source, open communication vision while maintaining a high level of technical innovation. Our team needs to become a hub for innovation and show that better products can be created this way.