In one corner, we have Tim Allen’s 1968 Porsche 911, a car as rugged and powerful as his “Tool Time” persona. In the other, ...

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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.

The Porsche 917K from the movie "Le Mans" almost sold for $25 million this past weekend but its owner, Jerry Seinfeld" turned down the bid.

How Jerry Seinfeld Found Steve McQueen's 917 Jerry Seinfeld's Porsche sale: Complete results After six minutes on stage, bidding hit $25 million for what may be the greatest 917 on the planet.

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 ...

With an estimated fortune of $1.1 billion, Jerry Seinfeld can afford to turn down such an offer. At the Mecum auction in Kissimmee, Florida, a 1969 Porsche 917K belonging to Jerry Seinfeld ...