Franco Darío Vico Wins 2012 Faena Prize

Argentinean artist Franco Darío Vico has won the 2012 Faena Prize. His work was selected from 837 projects submitted from over forty countries. The prize comes with a $75,000 reward and an exhibition at the Faena Arts Center in 2013. The jury stated, “Our recognition of Vico’s work was prompted by the challenging of institutions as well as the artist’s rejection of the grand sculptural gesture supposedly called for by the FAC’s space. The choice was also informed by the way he turned the prize into a political funding reallocation exercise. We have selected a project that subverts the privileged position of the arts in contemporary society and expands, thoughtfully and in a spirit of celebration, the very definition of artistic practice.” Vico has proposed that $25,000 of the prize money should be divided for a new prize with twenty-five winners, each to be given $1,000 for the production of their works.