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That 917K once—and may still be—owned by Jerry Seinfeld, did not sell at the Mecum Kissimmee auction on Saturday night after apparently getting a $25 million bid. It's not clear whether ...

The footage has now been shared far and wide, with many drawing comparisons to a classic Seinfeld episode, where the hapless George Costanza (Jason Alexander), was accused of a similar misdemeanour.

Bidders and spectators were left shocked Saturday when a $25 million bid went unaccepted by Jerry Seinfeld, who refused to part with his 1969 Porsche 917K. If the offer was accepted, the quarter ...

The footage has now been shared far and wide, with many drawing comparisons to a classic Seinfeld episode, where the hapless George Costanza (Jason Alexander), was accused of a similar misdemeanour.

Seinfeld bought it the next year for an undisclosed sum. In preparation for this year’s sale, the comedian sent the car for an extensive rehaul, which included a full rebuild of its 5.0-liter V-12.

The car has been owned by celebrity Porsche collector Jerry Seinfeld since 2001, and he just rejected a $25 million bid for it after putting it up for sale at a Mecum auction on Jan. 18 in ...

However, the GT40 didn't come close to the high bid recorded by Jerry Seinfeld's 1969 Porsche 917K. The race car rolled off the stage with a "bid goes on" status at a whopping $25 million.

After Saturday's event, that's how auction house Mecum tagged the Porsche initially purchased by famed actor Steve McQueen and later acquired by Jerry Seinfeld that was offered for auction in Florida.