07-03-2025
Jerry Seinfeld Finally Sold the Porsche 917K from ‘Le Mans' After Turning Down $25 Million
The price was finally right for Jerry Seinfeld.
The comedian revealed that he has finally sold his Porsche 917K during his appearance on Spike Feresten's 'Spike's Car Radio' podcast (via Road & Track) earlier this week. News of the sale comes just weeks after Seinfeld turned down $25 million for the race car that Steve McQueen drove in the movie Le Mans at Mecum Auction's Kissimmee 2025 sale.
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Jaws dropped last fall when Seinfeld announced that he was selling his 917K chassis 022. Enthusiasts weren't just shocked the renowned Porsche lover was parting ways with the marque's most famous vehicle but also that he'd chosen Mecum to oversee its sale, as opposed to RM Sotheby's or Gooding & Company. The auction house has a proven track record, but it's more associated with American-made muscle cars than the kind of historic European sports and race cars they write books about.
Seinfeld told Ferensten and his co-host, Paul Zucker, that he went with Mecum because of a meeting he had with its founder, Dana Mecum. During their conversation, Mecum outlined how they would use the auction as a marketing opportunity for the comedian's car and his auction house, driving up interest in both. Seinfeld was so convinced by the idea that he claims he didn't even bother to pay attention to auction, where bidding topped out at $25 million, in January.
Seinfeld went on to explain that the kind of collectors who have the money to buy something like the Le Mans 917K, don't always want to do business in a public setting. 'Some people don't want to buy it in that frenzied moment of an auction,' he said. 'They want to do it after. And that's what happened.'
The comedian did not identify the new owner of the 917K. He also wouldn't say how much the paid for the car, other than that it was in the $25 million range. That would make the 917K the most expensive Porsche of all time, easily beating the $14.08 million that another example used to film Le Mans, chassis 024, sold for in 2017. Regardless the final price, Seinfeld is sure to have turned a nice profit on the vehicle, which he acquired from Frank Gallogly for an undisclosed sum in 2001, one year after his fellow Porsche buff bought the car for $1.32 million.
Le Mans.
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