Millionaire Ferrari owner fined almost $300,000 for speed driving

Having big fortunes and a swanky car could get one in a lot of trouble. At least, so it seemed when we heard of an unnamed millionaire slapped with a penalty of $290,617 by the Swiss Court for speed driving through a Swiss Village in his Ferrari Testarossa. Apparently, he was going at the speed of 63kmh, which prompted the Swiss Court in St Callen to hand him a CHF 299,000 ($290,000) for which the court justified by saying, “The accused ignored elementary traffic rules with a powerful vehicle out of a pure desire for speed.”

The man was also made to pay a significant chunk of his fortune, approximated to be $22.7million, inclusive of a villa and a garage filled with other luxury automobiles.

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