Art Basel Cancels Baloise Art Prize, Traditionally for Emerging Artists (opens in new tab)

The organizers of Art Basel have canceled the Baloise Art Prize, the Art Newspaper reports. Established in 1999, the SFr30,000 (roughly $37,000) honor had been presented annually to two artists whose work appeared in the fair’s Statements section, devoted to emerging artists. The prize was historically administered by Swiss insurer Baloise Group, which purchased works […]