Jerry Seinfeld’s Legendary 1969 Porsche 917K Sold Privately After $25 Million Auction Bid Falls Short
In January 2025, the automotive world was abuzz when Jerry Seinfeld's 1969 Porsche 917K, previously owned by Steve McQueen and featured in the 1971 film "Le Mans" was presented at the Mecum Auction in Kissimmee, Florida. Despite a substantial bid of $25 million, the car did not meet its reserve price, and Seinfeld opted to retain ownership.
(Credit 911 Supercars)
Seinfeld later revealed that his primary intention was to use the auction as a high-profile platform to showcase the car, effectively advertising its availability to potential buyers worldwide. This strategy proved successful, as the exposure led to a private sale to an undisclosed collector. The final sale price remains confidential, but it is believed to be in the vicinity of the $25 million bid previously declined at the auction.
The Porsche 917K chassis 022 holds a distinguished place in automotive history. After its cinematic role in "Le Mans", the car changed hands among various owners before Seinfeld acquired it in 2001. Recognizing its historical significance, Seinfeld commissioned a meticulous restoration to return the vehicle to its original 1971 Gulf Porsche team livery.
(Credit 911 Supercars)
This sale underscores the enduring appeal and value of classic cars associated with iconic figures like Steve McQueen and Jerry Seinfeld. It also highlights the strategic considerations involved in selling such rare vehicles, where public auctions can serve as effective platforms for global exposure, even if the initial bids do not meet reserve prices.
If you want to explore advertising with us, I encourage you to get in touch. Please feel free to contact me directly, and I will be more than happy to provide you with further information, answer any questions you may have, and guide you through the process.
Nick Aylieff | Classic Motors For Sale |
+44(0) 2392 160 809 | www.classicmotorsforsale.com
