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.

A legendary 1969 Porsche 917K, once owned by Hollywood icon Steve McQueen and currently in possession of comedian Jerry Seinfeld, is set to hit the auction block at Mecum's Kissimmee event last Saturday. The car is tipped to become the most expensive Porsche ever sold.

Being offered a sum of money most people would chop a limb for in exchange for a car, and turning it down? Jerry Seinfeld isn't your average person, and the Porsche 917K isn't your average car.

In one of the most memorable moments in automotive auction history, the 1969 Porsche 917K owned by Jerry Seinfeld — previously driven by Steve McQueen in the classic film *Le Mans* (1971) — did not find a new owner despite an impressive bid of $25 million at the Mecum auction in Kissimmee on January 18,

Jerry Seinfeld rejected a record $25 million bid for Steve McQueen’s Porsche 917 used for filming of the “Le Mans” movie.

Porsche 917, which was owned by and driven by Steve McQueen in the film Le Mans, was put up for sale at Mecum's Kissimmee auction - but Jerry Seinfeld decided against selling.

Jerry Seinfeld could've broken an auction record for Porsche if he decided to sell the coveted vintage car for a whopping $25 million at the Mecum's Kissimmee auction