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.

Jerry doesn’t need the money. A 1969 Porsche 917K racing car that was featured in the Steve McQueen film “Le Mans” failed to sell at the Mecum Auctions event in Kissimmee, Fla., on Saturday night.

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.

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.