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New Swiss Record for Speeding Ticket Set at $290,000

Speeding ticket fine record was broken for Switzerland after a St. Gallen court handed down a decision demanding a millionaire who was caught driving at 85 mph to pay $290,000, the Swiss media reported Thursday.ferrari-swiss-speeding

The speed is 35 mph faster than the limit which is at 50 mph. The unidentified millionaire was using a red Ferrari Testarossa when he was caught. The millionaire has a string of previous offenses.

“The accused ignored elementary traffic rules with a powerful vehicle out of a pure desire for speed,” the court said in its judgment. The court based the fine on how rich the man is. He has assets of up to $22.7 million which includes a villa with a garage for his five luxury cars.

The previous record was $107,000–handed to a driver using a Porsche in Zurich in 2008.

Sometime in October 2009, another driver was pulled for speeding. He committed 15 traffic offenses in 10 minutes.