Thursday, January 7, 2010

The Most Expensive Speeding Ticket - $290000

1. Cough cough cough...$290,000? Are you kidding me? If the money converted to Malaysia Ringgit, I think the value is expected to be equal to about RM1 million. With that amount of money, I can buy a large mansion (with two or three maids) and a sport car (Mitsubishi Evo 10? maybe hehe).

Ferrari2. Regardless what I would do with the money, do you know how such expensive speeding ticket is possibly issued? Check this news out.

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.

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.

News Resource: Daily Contributor

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