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 million dollar sale would have been historic for the Mecum Auctions,

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.