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A Wealthy Swedish Driver Fined $290,000 For Speeding Offence, Fine Calculated Based On His Wealth

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A Wealthy Swedish Driver Fined $290,000 For Speeding Offence, Fine Calculated Based On His Wealth - autojosh

In 2010, a wealthy Swedish driver was fined $290,000 for a speeding offence, with the fine calculated based on his wealth.

He was caught driving his red Ferrari Testarossa at 137 km/h (85 mph) in a 80 km/h (50 mph) zone in January 2010.

In Switzerland (as well as Finland), tickets are calculated based on the driver’s income and the severity of the speeding offense.





The speeding-ticket continues to hold the “Guinness World Record for the largest Speeding Fine” till date.

In Nigeria, Federal Road Safety Corps (FRSC) typically issue between ₦3,000 and ₦5,000 ($1.96 and $3.26) for speeding offences.

A Wealthy Swedish Driver Fined $290,000 For Speeding Offence, Fine Calculated Based On His Wealth - autojosh

A wealthy Swiss motorist forked out $290,000 in speeding fine after being caught driving his Ferrari Testarossa sports car at 137 km/h (85 mph) in a 80 km/h (50 mph) zone in a village near St. Gallen, Switzerland, in January 2010.

But why is his speeding fine so? – a speeding-ticket that continues to hold the “Guinness World Record for the largest Speeding Fine” till date, unlike in Nigeria where Federal Road Safety Corps (FRSC) typically issue between ₦3,000 and ₦5,000 ($1.96 and $3.26).

A Wealthy Swedish Driver Fined $290,000 For Speeding Offence, Fine Calculated Based On His Wealth - autojosh

In Switzerland (as well as Finland), tickets are calculated based on the driver’s income and the severity of the speeding offense. According to the court, the wealth of the man in question was assessed at $22.7 million.





Other speeding fine that made headlines includes a ticket of $129,400 (€121,000) slapped on Finnish multimillionaire, Anders Wiklöf, the chairman of Wiklöf Holding AB. Wiklöffor was caught driving at 82 km/h (51mph) in 50km/h (31mph) zone in 2023.

“I have heard the government wants to save €1.5bn on healthcare in Finland, so I hope that my money can fill a gap there,” the then 76 years ago, who also had his driver’s license suspended for 10 days, told local newspaper.

Photo Credit : CarAndDriver





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