Reuters reports that a speeding Swiss motorist was fined 299,000 Swiss francs for speeding at 100 miles per hour in his Ferrari Testarossa.
A court in the northeastern Swiss canton of St Gallen gave the millionaire the hefty penalty, which outstripped the previous record of 111,000 francs handed a Porsche driver in 2008 in Zurich, after 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 judgment of the motorist, who clocked speeds of up to 137 km per hour on country roads, said daily Blick.
The St Gallen Cantonal Court ordered the man to dip into his 23.3 million franc fortune, which included a villa with a garage containing five luxury cars.
It goes without saying that that is a very expensive and exorbitant ticket. 100 km per hour is only a little over 62 miles per hour. It does not even seem excessive.