Ferrari driver hit with huge speeding fine
Would higher fines for the rich work here?
A multi-millionaire who drove a Ferrari at 85mph through a Swiss town has been fined almost £200,000.
The record-breaking fine was handed out to the 53-year-old man under the Swiss system of proportional punishments, which takes income into consideration.
The driver of the Ferrari Testarossa took his vehicle through a 50mph speed zone at 85mph in St Gallen, a town in the north-east of Switzerland, near the border with Austria and Germany.
The driver was initially fined £60,000 by the local jurisdiction, but this was raised twice on appeal when he claimed falsely to have diplomatic immunity. He was reported to have an annual income over £500,000 and be worth more than £12 million.
It is more than double Switzerland's previous record speeding fine - handed to a Porsche driver in Zurich in 2008.
Other countries such as Finland use a similar system of proportionate fines, with the head of Nokia receiving a £70,000 punishment for speeding in 2002, equivalent to 14 days' pay.
* Would a system of proportional fines work in the UK? Let us know!