Swiss millionaire gets record fine

A Swiss millionaire motorist clocked up a record fine of 299,000 Swiss francs (€202,000) after police caught him racing through…

A Swiss millionaire motorist clocked up a record fine of 299,000 Swiss francs (€202,000) after police caught him racing through a village at 100 km per hour in his red Ferrari Testarossa.

A court in the northeastern Swiss canton of St Gallen gave the millionaire the hefty penalty after considering a string of previous traffic offences.

"The accused ignored elementary traffic rules with a powerful vehicle out of a pure desire for speed," the court said in its judgement of the motorist, who clocked speeds of up to 137 km per hour on country roads, said daily Blick.

The fine was calculated based on the man's wealth - said by the St Gallen Cantonal Court to be 23.3 million francs (€15.7 million).

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It was also reported that the motorist owns a villa with five luxury cars.

The fine exceeds the previous record of 111,000 francs handed down to a Porsche driver in 2008 in Zurich.

Reuters