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Swiss millionaire hit by record fine for speeding in his Ferrari

Ferrari Testarossa

Ferrari Testarossa led to a £180,000 speeding fine

A Swiss millionaire has been handed down a record speeding fine of £180,000 ($290,000) by a court. The man was reportedly caught driving a red Ferrari Testarossa at 85mph through a village.

The penalty was calculated based on the unnamed motorist’s wealth – assessed by the court as £14.1m ($22.7m) – and because he was a repeat offender.

The motorist was clocked speeding 35mph faster than the limit, according to the cantonal court in St Gallen, Switzerland.

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

Swiss media reported that the man owns a villa with five luxury cars, including the Ferrari.

This fine is more than double Switzerland’s previous record speeding fine – handed to a Porsche driver in Zurich in 2008.

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