Swiss millionaire gets record speeding fine

A court in the eastern Swiss canton of St. Gallen has imposed a world record speeding fine of $290,000 (£180,000) on a Swiss millionaire-motorist driving a Ferrari Testarossa.

A statement on the court’s Web site says the driver — a repeat offender — drove up to 35 miles an hour (57 kilometers an hour) faster than the 50-mile-an-hour (80-kilometer-an-hour) limit.

Judges at the cantonal court in St. Gallen, in eastern Switzerland, based the record-breaking fine on the unnamed motorists estimated wealth of over $20 million.

“The accused ignored elementary traffic rules with a powerful vehicle out of a pure desire for speed,” the court said in its decision.

The fine reportedly far exceeds the previous record, imposed on a Porsche driver in Zurich in 2008.