SWITZERLAND - A Swedish driver caught driving at 180 mph in Switzerland is likely to receive a world-record speeding fine of $1 million, according to Press TV.

The 37-year-old man, who was driving his Mercedes SLS AMG, was clocked along the A12 highway between Lausanne and Bern in Switzerland several weeks ago, reported Press TV.

Swiss police arrested the driver and confiscated his car. The man defended himself on the grounds that his car's speedometer may have been faulty, according to Press TV.

The Swiss law calculates the cost of a speeding fine based on the size of the infringement as well as the income of the driver. Under the law, prosecutors said the Mercedes-driving man is likely to be fined the equivalent of $1.08 million in U.S. dollars.

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Originally posted on Automotive Fleet