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The FLAG Art Foundation, based in New York, has pledged £1 million ($1.3 million) to London's Serpentine Galleries to establish a new biennial artist prize. Named the Serpentine x FLAG Art Foundation Prize, it will award £200,000 ($265,000) to an international artist who has been exhibiting for fewer than ten years, along with an exhibition at both institutions and a catalog. The first winner will be selected in 2026, with exhibitions at Serpentine in 2027 and FLAG in 2028. The prize is funded by collector Glenn Fuhrman's foundation and is the largest contemporary art prize in the UK.

FAD News: Serpentine x FLAG Art Foundation Prize Announces Star-Studded Selection Committee

The Serpentine x FLAG Art Foundation Prize has announced its selection committee for the inaugural award, the largest contemporary art prize in the UK given to a single artist. The five-person jury includes Michelle Kuo (Chief Curator at Large and Publisher at MoMA), Venus Lau (director of Museum MACAN), Hans Ulrich Obrist, Jon Rider, and artist Rirkrit Tiravanija. The committee met in London on 23rd April to select the first recipient, who will be announced on 12th May. The prize awards £200,000 biennially over ten years, totaling £1 million across five artists, with each recipient developing a new body of work culminating in exhibitions at Serpentine in London and The FLAG Art Foundation in New York.

Frank Gehry remembered, Serpentine and FLAG Art Foundation prize, Joan Semmel—podcast

Ben Luke hosts an episode of The Art Newspaper's podcast 'The Week in Art' covering three major stories. First, architect Frank Gehry, known for the Guggenheim Bilbao and Fondation Louis Vuitton, died at age 96; Luke discusses his legacy with architecture critic and Gehry biographer Paul Goldberger. Second, London's Serpentine and New York's FLAG Art Foundation announced a new £1 million prize for artists, awarding £200,000 each to five recipients over ten years—the largest contemporary art prize in the UK for a single artist. Third, the episode features Joan Semmel's painting 'Sunlight' (1978), which is part of a new exhibition at the Jewish Museum in New York, with curator Rebecca Shaykin.

New £200,000 contemporary art prize is biggest in UK

The Serpentine Gallery in London has launched a new contemporary art prize in partnership with the Flag Art Foundation in New York. The Serpentine x Flag Art Foundation Prize will award £200,000 each to five artists over ten years, making it the largest contemporary art prize in the UK. The prize will be given every other year to an international artist who has been exhibiting professionally for less than ten years, with the first winner selected in 2026 and exhibitions at both venues in 2027 and 2028. The Flag Art Foundation was founded by collector Glenn Fuhrman, a trustee of the Museum of Modern Art in New York.

2026 Art Basel Award Winners Announced

Art Basel has unveiled the 33 medalists for its 2026 global honors program, recognizing a diverse group of artists, curators, and institutions. The selection highlights a strong Southeast Asian presence, including architect Kulapat Yantrasast and filmmaker Apichatpong Weerasethakul, alongside international figures like Laurie Anderson and Julie Mehretu. These awards celebrate practitioners across categories such as Emerging Artist, Established Artist, and Cross-Disciplinary Creator, with winners to be celebrated at the upcoming Basel fair in June.

Tania Willard wins Canada’s top contemporary art prize

Tania Willard, a member of the Secwépemc First Nation, has won the 2025 Sobey Art Award, Canada’s top contemporary art prize, at a ceremony at the National Gallery of Canada in Ottawa. The award, announced by last year’s winner Nico Williams, comes with C$100,000 ($71,200). Willard’s multidisciplinary practice spans basketry, sculpture, public art, and land-based projects, and she is also a prominent curator. The five other finalists each received C$25,000. Works by all finalists are on view at the NGC until February 2026.

Home, belonging, displacement, community: Artes Mundi exhibitions open across Wales

The 11th edition of Artes Mundi, the UK's largest contemporary art prize, has opened across multiple venues in Wales, featuring six international shortlisted artists. The multi-venue format includes a group show at the National Museum Cardiff and solo presentations at Mostyn in Llandudno, Aberystwyth Arts Centre, Glynn Vivian Art Gallery in Swansea, and Chapter Art Centre in Cardiff. Artists such as Jumana Emil Abboud, Antonio Paucar, Anawana Haloba, Sawangwongse Yawnghwe, Kameelah Janan Rasheed, and Sancintya Mohini Simpson explore themes of home, belonging, displacement, and community through diverse media including sculpture, performance, painting, and text-based installation. The winner of the £40,000 prize will be announced on 15 January 2026.

Finalists for Canada’s top contemporary art prize, the Sobey Art Award, revealed

The Sobey Art Award, Canada's top contemporary art prize, has announced its six finalists for 2025: Tarralik Duffy, Tania Willard, Chukwudubem Ukaigwe, Sandra Brewster, Swapnaa Tamhane, and Hangama Amiri. Each represents a different region of Canada and will receive C$25,000, with the winner taking home C$100,000 on November 8 at the National Gallery of Canada. The finalists were selected by a jury including past winner Laakkuluk Williamson Bathory and international juror Carla Acevedo-Yates, among others.

Exhibition | Travis MacDonald, 'Had a Farm' at Contemporary Fine Arts | CFA, Berlin, Germany

Contemporary Fine Arts in Berlin is presenting 'Had a Farm', a solo exhibition by New Zealand-born artist Travis MacDonald, opening during Gallery Weekend Berlin 2026. The show features new paintings that explore countercultural aesthetics through long-haired, androgynous figures set in a rural-subcultural landscape, drawing on photographic archives of 1970s experimental communes and referencing Pier Paolo Pasolini's essay on hair as a political sign.

Serpentine Galleries and FLAG Art Foundation launch U.K.’s biggest contemporary art prize.

Serpentine Galleries in London and the FLAG Art Foundation in New York have announced a new biennial artist prize that will award £200,000 ($264,700) to five artists, one selected every two years, making it the largest single-artist prize in the United Kingdom. The total payout over the next decade is £1 million ($1.32 million). Each winner will receive a solo exhibition at Serpentine, which will then travel to the FLAG Art Foundation in New York. The prize launches in 2026, with the first exhibition scheduled for fall 2027 in London and spring 2028 in New York. Eligible artists must be actively working, have a strong exhibition record, and no more than 10 years of professional show history. A jury of art historians, curators, and artists will select winners from nominations.