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Rich Swiss Man Fined USD290,000 for Ferrari Speeding

Posted on Jan. 07, 2010 by Lindsay Britney

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Ferrari Car Picture by Flickr User Storem
Ferrari Photo by Storem / Flickr, CC-BY-SA 2.0)

A rich Swiss man was fined a whopping USD 290,000 by a court in his country, reports said. He was caught driving a red Ferrari Testarossa at a speed of 137km/h, nearly 60km/h over than the legal limit set at 85km/h, on a village road.

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

The fine was calculated based on his wealth which the court estimated to be worth of nearly $23m and also due to the fact he repeatedly committed the speeding offense.

Probably because of the privacy concern, the identity of this Switzerland millionaire was not released in the public.



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