3 Kiwis & Aussie millionaire plot to build world's fastest track car

3 Kiwis & Aussie millionaire plot to build world's fastest track car

In a shed at a remote Canterbury farm, three young Kiwi car fanatics and one Australian millionaire are plotting to catch the eye of the motorsport world.

They believe they can design and build the world's fastest track car -- faster than Formula One and they're doing this all out of a shed in Waiau, North Canterbury.

So who is the Australian behind this project and what is his mission?

"We're trying to build a car that will lap a track quicker than a contemporary formula one," says David Dicker.

The fastest lap in Formula One history averaged 262 kilometres an hour. Mr Dicker plans to call his fastest track car the F-Zero.

"People don't understand, they watch the Formula One race and you see the cars whizzing around but if you actually get into those cars with that level of capability, the forces and just the difficult nature of the whole thing is quite extreme."

So what are the components and why has Mr Dicker chosen a farm in Canterbury to build his dream when he has homes in Dubai and Italy?

Story caught up with the businessman and petrolhead to find out.

Watch the video for the full Story report.