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Swede faces world-record $1m speeding penalty

A Swedish driver who was caught driving at 290km/h (180mph) in Switzerland

could be given a world-record speeding fine of SFr1,080m ($1m; 656,000),

prosecutors say.

The 37-year-old, who has not been named, was clocked driving his Mercedes

sports car at 170km/h over the limit.

Under Swiss law, the level of fine is determined by the wealth of the driver

and the speed recorded.

In January, a Swiss driver was fined $290,000 - the current world record.

Local police spokesman Benoit Dumas said of the latest case that "nothing can

justify a speed of 290km/h".

"It is not controllable. It must have taken 500m to stop," he said.

The Swede's car - a Mercedes SLS AMG - has been impounded and in principle he

could be forced to pay a daily fine of SFr3,600 for 300 days.