Jeff Koons' BMW art car unveiled at Art Basel 2013

Jeff Koons has joined the exclusive list of artists who have designed a BMW Art Car, unveiling his creation at the Art Basel fair in Miami on December 4.


Koons is now the world's most valuable living artist after one of his Balloon Dogs sold at Christie's



The car, a BMW M3 GT2, was unveiled during a BMW reception at the event, which showcases the best in modern and contemporary artwork.

"I always enjoyed the art cars - Warhol's car, Roy Lichtenstein's car, Stella's, Calder's - all the cars have always been fantastic. I just wanted to participate," the artist commented.

"The art world is like a family and I wanted to also be involved in this dialogue of designing an art car. Today I'm proud that this car is there alongside their work too."

The tradition of creating art cars was introduced by French driver Herve Poulain, who commissioned Alexander Calder to paint his car ahead of the 1975 Le Mans race. Andy Warhol completed his in 1979, with the car also raced at that year's Le Mans.

The unveiling follows last month's $58m record sale of Koons' Balloon Dog at Christie's, becoming the most valuable work by a living artist ever sold at auction.

Sign up to our free newsletter to stay ahead of the latest from the collecting world.



Recent and related articles

·  Pechstein's Schrei Am Meer up 100% on estimate in Munich | 9 December 2013

·  Thomas Moran's Moonrise, Chioggia, Venice realises $155,000 | 6 December 2013

·  Hopper's East Wind over Weehawken realises record $40.4m in New York | 6 December 2013


Your collecting

View our stock items for sale  |  Portfolios for sale


Guides and analysis

Investing in Classic Cars  |  10 reasons to invest in collectibles  |  Which asset is right for you?


www.paulfrasercollectibles.com

Images: Wikimedia Commons

Featured products

Elvis Presley Authentic Strand of Hair
Elvis Presley Authentic Strand of Hair
Sale price£399
In stock
Fidel Castro signed certificateFidel Castro Signed Certificate
Fidel Castro signed certificate
Sale price£2,995
In stock
King Henry VIII Autographed DocumentKing Henry VIII Autographed Document
King Henry VIII Autographed Document
Sale price£65,000
In stock