“American Idol” judge Steven Tyler has always lived life in the fast lane, but now he can outperform everyone else who likes to cruise there too. The front man for the rock band Aerosmith made automotive history on May 31st, 2012 when major media outlet CBS covered the exotic car story about the singer buying the fastest car in the world.

Dropping a cool $1.1 million dollars on a sports car is not something anyone might be willing to do, but Tyler had some mighty big shoes to fill as a celebrity judge on the reality television competition. Former Idol judge turned “X Factor” competitor Simon Cowell is a car collector and racing enthusiast. He drives a Bugatti (or a Ferrari… and sometimes a Rolls Royce, depending on what he’s doing).