Jerry Seinfeld Rolls 1967 Fiat BTM

Jerry Seinfeld avoided crashing his 1967 Fiat BTM into a busy intersection after the brakes failed.

By: Jennifer Hong
Apr 3, 2008, 12:27 PM EDT

Jerry Seinfeld sent his 1967 Fiat BTM into a roll near a busy intersection after the brakes failed. According to East Hampton Town Police, Seinfeld was driving his two door Fiat at a slow rate of speed Saturday when his brakes failed as he approached a busy intersection.

"He was astute enough to pull his emergency brake and cut his wheels as he was entering the intersection," Sarris said on Thursday. "Had he traveled into Route 27, which is a highly traveled road here in East Hampton, it could have developed into a very serious accident," East Hampton Town Police Chief Todd Sarris said.

Seinfeld escaped injuries and was unharmed while his car suffered minimal damage. The comedian brushed off the accident and warned others not to follow his example.

"Because I know there are kids out there, I want to make sure they all know that driving without braking is not something I recommend, unless you have professional clown training or a comedy background, as I do," he said in a statement. "It is not something I plan to make a habit of."

Seinfeld, who has a large collection of sports cars, which is believed to include around 47 vintage Porsches. He was reported to have spent $1.4 million to build a garage near his Manhattan home on the Upper West Side to park some of his vehicles.