Jerry Seinfeld turned down $25 million USD for his Porsche 917 K

Mecum Auctions

Previously this year, a unique Porsche 917 K, famously driven by Steve McQueen in Le Mans, stole the spotlight at an auction, drawing considerable attention with a bid that exceeded expectations. The supercar, chassis number 022, has become an icon not just due to its history in the film but also its legendary ownership and racing legacy. In 2017, a similar car from the film fetched a record-breaking $14 million, and it now seemed likely that this record would be shattered.

Since its purchase by Steve McQueen's Solar Productions in 1970, this Porsche was mainly used as a backup for the film Le Mans. The car’s involvement in high-profile racing events and its film history have kept it in the spotlight, making it a highly coveted collector’s item.

Jerry Seinfeld, who acquired the car in 2001, has maintained its place in his impressive collection of automobiles. In 2024, the car underwent a careful restoration to its Le Mans filming specifications. This auction was anticipated to fetch a huge sum, and when the highest bid reached $25 million USD, it was set to surpass all expectations, making the Porsche the most expensive ever sold.

However, Jerry Seinfeld chose to reject the offer, keeping the car for himself despite the staggering bid. While the reasons for this decision remain unclear, it’s possible Seinfeld's personal connection to the car outweighs its financial value. Regardless of the outcome, we imagine Seinfeld’s wealth ensures that he can hold onto this spectacular Porsche 917 K without financial strain!