In a bid to boost his collection, Steve Smith auctioned off the original Porsche 3, which he bought in 2003, for $500 at a Porsche auction house in Ontario.
Smith was also able to get the car from a former owner who had it for sale in 2014.
The auction house did not return a call for comment.
The car is now owned by Steve Smith and his wife, and is being used for the family’s “grit” as a hobby.
Smith’s auction house said it had been “unable to sell the car as the auctioneer was unwilling to allow the car to be sold to the highest bidder,” The Associated Press reported.
Smith and a man who was auctioning the car told CBC News they were unaware of the legal dispute.
Smith told the AP he had never even been contacted by the buyer.
The auction house declined to comment.
Auction house Steve Smith says he was never contacted by a buyer who wanted the car.
Steve Smith auctioning a 2003 Porsche 911 Turbo S at a New York auction house, in 2008.
In the same year, Smith and an unknown man sold the original 2004 Porsche 911 for $250,000 at a auction in Chicago.