SERPENTINE AND THE FLAG ART FOUNDATION ANNOUNCE MAJOR NEW TRANSATLANTIC COLLABORATION

Serpentine and The FLAG Art Foundation are honoured to announce the creation of a new prize dedicated to supporting artists worldwide. Over the next decade, a total of £1 million will be awarded biennially – £200,000 to each recipient – to five artists, providing unmatched support at a pivotal moment in their careers. This will be the UK’s largest contemporary art prize given to a single artist.

Each recipient will stage a solo exhibition that debuts at either Serpentine or The FLAG Art Foundation and is then reimagined for the partner institution, creating an ongoing artistic dialogue between the two.

This partnership will establish a decade-long collaboration, awarding five prizes to five outstanding artists. The first artist to be awarded funds will be selected in 2026, with the inaugural exhibition set to open at Serpentine in London in Autumn 2027, before travelling to FLAG in New York in Spring 2028. Each presentation will be accompanied by a dedicated catalogue and a dynamic live programme, developed and produced collaboratively by both institutions.

This long-term partnership reflects the shared commitment between FLAG and Serpentine to support artistic experimentation, and exchange across borders. The Serpentine x FLAG Art Foundation Prize underscores both organisations’ belief in the power of collaboration to shape the future of contemporary art.

Artists will be considered for the award through a nomination process, with a rotating jury of internationally renowned curators, art historians and artists selecting the final recipients. Details of the jury to be announced in due time.

The prize is intended to provide artists, at a significant stage in their careers, with the freedom and time to develop a substantial new body of work, exhibit them, and explore new ideas.