Its all-wood wings were built with multicellular construction around two parallel spars and the surfaces were sanded and lacquered to reduce friction drag.

[1] The wooden monocoque fuselage was equally refined and polished, its oval section tapering towards the tail.

Towards the nose the fuselage flattened to accommodate the three four-cylinder blocks of its 340 kW (460 hp) W-12 Hispano-Suiza 12Gb engine, driving a low-set two-blade propeller with a large spinner.

Because the Hispano engine of the V.2 was mounted lower in the nose than the Lorraine-Dietrich, another W-12, of the V.1, the central cylinder bank did not so completely obscure the pilot's forward view.

The dorsal radiator was removed and the engine moved forward under an improved cowling; the wooden propeller was replaced by a metal one made by Levasseur.

After a short delay whilst the FAI rules were debated, this was homologated as the absolute world speed record and stood for almost three years.

[1][2] Later that December a full-size replica of the V.2 appeared at the Paris Aero Show claiming, in anticipation of homologation, that it was the record holder.