And "the bid goes on." 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.

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.

The 917K serial number 022 was purchased new from the Porsche factory by McQueen himself, Mecum says, and from thence McQueen drove it straight to the set of the movie. When filming ended it was raced with some success in real races by real drivers.

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.