Jerry Seinfeld sells 17 cars for $22m
Entertainer says he sold his private collection 'just to see the look of excitement on the faces of the next owners'
Jerry Seinfeld sold 17 collectible cars at auction for more than $22 million.
The Jewish comedian’s cars — 15 Porsches and two Volkswagens — brought in $22,244,500 this weekend, according to the Los Angeles Times. A 1955 Porsche 55 Spyder alone went for more than $5 million.
Seinfeld is known to be a car aficionado. In each episode of his web series “Comedians in Cars Getting Coffee” — which featured US President Barack Obama in December — he goes out to eat with a well-known comedian in a vintage car.
Gooding & Co. estimated the auction would actually bring in $10 million more than it did, the Jalopnik website said.
The “Seinfeld” star and co-creator showed up at the auction house to promote the sale.
Seinfeld had previously said he loved owning the cars and would have held onto them in an ideal world.
“The reason I wanted to bid these cars farewell in this way is really just to see the look of excitement on the faces of the next owners who I know will be out of their minds with joy that they are going to get to experience them,” he said in February statement.
Seinfeld only failed to sell one car at the auction, a non-drivable Carrera GT concept car, one of two in the world, which didn’t reach its $1.5 million minimum asking price.