From Wallstreet to Mulsanne Straight

The year is 1987, NZ financier Michael Fay bankrolled NZ’s first America’s Cup challenge. Mr Fay had a company listed on the NZ stock exchange. Every time his Yacht won a race, the shares in his company leapt higher - driven by nothing more than a heady mix of pride, passion and patriotism. The fact that the markets could be ruled by passion and not just “fear and greed” stayed with us and now being applied to Project 424.

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Nicolas Perrin
An open letter to our followers

For those of you who have been following PERRINN for a few years, months or weeks, I would like to take this opportunity to explain the direction the project is headed because, well, it’s so incredibly exciting!

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Nicolas Perrin
FROM OPEN SOURCE TO OPEN NETWORK: BUILDING OUR GLOBAL TEAM

Interestingly, the software industry that invented the open source model is now realising that open source is on its way out. We are now entering what they call the third era of the internet, with the creation of open networks. During the first and second era of the internet, focus was on infrastructure, e-commerce, social media. Now creators of the internet want it to return to its decentralised roots and become a truly useful tool for people to connect, communicate and exchange in a new way, in a global and decentralised way. Open networks are very powerful.

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Melissa Karadimos
CREATING A GLOBALLY DISTRIBUTED TEAM

Creating a team is never easy. It relies on everyone working together towards a common goal and believing in the cause too. Our recent post on LinkedIn about the launch of this very website went way beyond expectation and we were delighted to see the diverse mix of sales, engineering, HR, recruitment, marketing, PR and software development professionals who’d stopped to take the time to read it (thank you BTW!). Here’s a few thoughts on why we see this as significant and what it means for ‘the team’.

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Melissa Karadimos
TECHSTARS FOR MOTORSPORT?

If you are going to build a Technology Hub, Techstars literally wrote the book. Today, Techstars has built Accelerators worldwide, from Dubai to London with a number of specific Accelerators for industries like music, autonomous technology and even geographic areas, too. David Tomlinson explains how a ‘Motorsport’ Accelerator could work and how Project 424 is establishing a blueprint.

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Melissa Karadimos
ELECTRIC DREAMS BECOMING REALITY

The transition from internal combustion engine to electric drive to power our cars is much more significant than it might seem. It will not only make our cars greener and less noisy, it will also help make the world a more collaborative and democratic place. The great thing about electric technology and electric motor drive is that it is fundamentally more simple to engineer and develop.

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Melissa Karadimos
Motorsport v2.0

Here’s the theory. What if we reboot the race team business model? What if race teams looked beyond “business as usual” sponsorship, a reliance on pay drivers and a spend every cent to go racing business model?

Instead, what if race teams were treated and founded as a R&D Hub that “just happens to go racing”. A platform to develop technology and talent and business through racing.

Perrinn has the potential to be such a team.

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Melissa Karadimos
SIT BACK, RELAX AND ENJOY THE DRIVE

I am on a train taking me from Bordeaux to Nantes in France. A five-hour journey. I listen to music, work on my laptop, respond to e-mails, even work on some coding for our website PERRINN.com. How relaxing and convenient! I nearly took my car but decided to leave it at the station instead and take the train. I just couldn’t be asked to drive for hours in this summer heat without the possibility to do some work or communicate with others on my way.

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Melissa Karadimos
VW ID R PIKES PEAK

We’re loving the advancements in electric vehicle technology, specifically in the motorsport sector. You’ll have seen by now that VW has absolutely smashed the record for an electric car up the famed Pike Peak Hillclimb. Not only that, it destroyed the overall record by 15 seconds. That is just…wow.

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Melissa Karadimos