The larger-than-life motorcyclist and TV presenter clocked 78.15mph in front of a live audience on Channel 4 - the minimum requirement was to beat 60mph.
The Wall of Death was constructed in an aircraft hangar in Manby, near Louth.
Afterwards, he told the show - Guy’ Wall of Death: “I can’t take it in.”
Martin, who is famed for his TT riding, broke the record on a bike he had built himself.
He told the show: “Genuinely you could spend 10 years building a bike and it wouldn’t make a difference - the limiting factor there is me the human.”
And how did he celebrate? With a good old-fashioned cup of tea!
The Wall of Death requires the rider to ride a motorcycle around a vertical wall at high speeds.
Tonight’s record-breaking attempt saw the team build the largest Wall of Death in the world.
Prior to the attempt he had to learn to ride along a vertical wall at high speed while training his brain to cope with intense motion sickness.
During the ride he recorded a G-force of 6.69.