| Current record: | |||||
| 1:42,35 | Piltasveit Fjölnis (1989) | FJÖLNIR | Reykjavík | 15.09.03 | 22 years 11 months and 25 days |
| Olgeir Óskarsson, Kristinn Ingi Halldórsson, Sveinn Elías Elíasson, Leifur Ţorbergsson | |||||
| Previous record: | |||||
| 1:46,5 | Sveit UMSK | UMSK | Kópavogur | 20.09.80 | |
| (Ţorsteinn Sigmundss., Einar Gunnarss., Ólafur E Ţorvaldss., Sigurjón Valmundss.) | |||||