Swede faces world-record $1m speeding penalty
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".
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