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Los Angeles Times
Los Angeles Times
Business
Charles Fleming

Three of Jerry Seinfeld's prized Porsches are headed for auction under Gooding's gavel

Jan. 19--Comedian and car-show host Jerry Seinfeld is parting with a trio of his prized Porsches -- the first of multiple vehicles from his collection that could be headed to auction.

The three will be on display at the Gooding Co. auction in Phoenix, starting Jan. 29. They will go under the gavel at Gooding's Amelia Island, Fla., auction in March, along with about 80 other valuable collector cars.

The "Comedians in Cars Getting Coffee" host is selling a 1955 Porsche 550 Spyder, a 1958 Porsche 356 A 1500 GS/GT Carrera Speedster and a 1974 Porsche 911 Carrera 3.0 IROC RSR.

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"We are grateful and honored to be entrusted with these superb examples from the collection of Jerry Seinfeld," said David Gooding, the auction house's president.

The 1955 550 Spyder, Porsche's original four-cam sports racing car, is an unrestored vehicle, with its original chassis, body and engine, with 10,300 miles on the odometer. It is valued by the auction house at $5 million to $6 million.

The 1958 Porsche Carrera Speedster, one of only 151 Carrera Speedsters built, was recently restored and has been a prize winner at the Quail Motorsports Gathering in Carmel Valley. The car is expected by Gooding to bring upwards of $2 million.

The 1974 Porsche 911 Carrera 3.0 IROC RSR, originally owned by transportation and racing magnate Roger Penske, was a race contender in the 1970s at Riverside Raceway and Daytona Speedway, and has participated in Daytona vintage races. It is expected to fetch more than $1.2 million, Gooding said.

Why is Seinfeld selling? The comedian didn't say. But in a prepared statement released by the auction house, he said he'd never bought a car as an investment and doesn't even think of himself as a collector.

"I just love cars. And I still love these cars," he said. "But it's time to send some of them back into the world, for someone else to enjoy, as I have."

These aren't the first Seinfeld Porsches to go across the Gooding auction block. The company sold a 1958 356A Speedster owned by Seinfeld for $330,000 at a 2012 Pebble Beach event. And Seinfeld bought another 1958 356A Speedster from Gooding at Pebble Beach in 2015 for a reported $583,000.

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