In a thrilling development for car enthusiasts and collectors alike, Jerry Seinfeld’s iconic Porsche 917K—previously owned by legendary actor Steve McQueen—is set to go under the hammer at Mecum Auctions in Kissimmee, Florida, on January 18, 2025. This remarkable vehicle boasts a rich history, having starred in the classic racing film Le Mans and is recognized as one of the most significant racing cars of all time.
The Legacy of the Porsche 917K
The Porsche 917K is celebrated for its groundbreaking design and performance, playing a pivotal role in Porsche’s success in endurance racing during the late 1960s and early 1970s. The specific car, chassis number 917-022, was originally purchased by McQueen’s Solar Productions for use in the film Le Mans, which was released in 1971. The film featured real race footage from the 1970 endurance race and showcased the car’s stunning Gulf Oil livery. After its cinematic debut, the car transitioned into a competitive racing vehicle, participating in various events throughout the years. Its pedigree includes ownership by notable figures in motorsport, including Brian Redman and Richard Attwood, who famously won the 1970 Le Mans race.
Seinfeld’s Ownership and Restoration
Jerry Seinfeld acquired the Porsche 917K in 2001, adding it to his impressive collection of classic cars. Over the years, he has expressed his admiration for this particular model, describing it as “the greatest car I’ve ever owned.” Under Seinfeld’s stewardship, the vehicle underwent a comprehensive restoration by Cavaglieri Restorations in 2024 to ensure it remains true to its original specifications while revitalizing its mechanical components. The restoration process included meticulous attention to detail, ensuring that the car retains its historical authenticity with features such as camera mounts used during filming still intact. The engine—a powerful 4.5-liter flat-12—remains unchanged from its factory specifications, delivering exhilarating performance that enthusiasts crave.
Auction Expectations
While Mecum Auctions has not provided an official estimate for the sale price of this legendary vehicle, industry experts speculate that it could fetch upwards of $25 million USD. This estimate is based on previous sales of similar models; notably, another Porsche 917K associated with McQueen sold for $14.08 million at auction in 2017.The combination of celebrity ownership and significant racing history positions this particular Porsche as a highly desirable piece for collectors and investors alike. Given its storied past and cultural significance, many anticipate that bidding will be fierce when it hits the auction block.
Market Impact
The upcoming auction of Seinfeld’s Porsche 917K could have substantial implications for the classic car market. High-profile sales like this often set new benchmarks for valuation within the collector community. If this car achieves a record-breaking sale price, it may influence how other classic and collectible vehicles are appraised in future transactions. For Australian car enthusiasts and collectors, this auction presents an opportunity to witness a piece of automotive history that transcends borders. The allure of iconic vehicles like the Porsche 917K continues to captivate audiences worldwide, reinforcing their status as timeless classics.
As Jerry Seinfeld prepares to part ways with his prized Porsche 917K—formerly owned by Steve McQueen—the automotive world eagerly anticipates what will undoubtedly be one of the most exciting auctions of 2025. With its rich history in motorsport and cinema, combined with Seinfeld’s passionate ownership, this vehicle represents more than just a mode of transport; it embodies a legacy that resonates with car lovers everywhere.
For those interested in classic cars or simply looking to witness history in the making, the auction on January 18 is an event not to be missed. As bids soar for this legendary machine, it serves as a reminder of how intertwined celebrity culture and automotive excellence can be.
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