A Swiss millionaire has been fined a record 299,000 francs ($290,000 USD / €202,000) for driving his Ferrari Testarossa through the town of St Gallen at 100 km/h (62 mph).

A Swiss millionaire has been fined 299,000 francs ($290,000 USD / €202,000) for driving a Ferrari Testarossa through the town of St Gallen at 100 km/h (62 mph).

While this sounds a bit absurd, the court said "The accused ignored elementary traffic rules with a powerful vehicle out of a pure desire for speed." They then demanded the man pay the fine out of his 23.3 million franc ($22.5 million USD / €15.7 million) fortune.

This princely sum exceeds Switzerland's previous record fine of 111,000 francs ($107,000 USD / €75,000), which was set in 2008 by a Porsche driver in Zurich.

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