The Trafigura Art Prize has been cancelled.

It was being run by the Cynthia Corbett Gallery in London, UK. In a press statement today the gallery says:

18 October 2009, London – Gallerist Cynthia Corbett today announced that her Art Prize will no longer be sponsored by Trafigura, and will instead be renamed the Young Masters Art Prize.

Cynthia explains “Since the prize was conceived 2 years ago we approached various art foundations and corporate organizations to sponsor an art prize. We feel that the recent events involving Trafigura are detracting from the main purpose of the prize, which is to celebrate emerging and newly established artists.”


Trafigura - it's a gas (read my earlier blogs for more on this most toxic of companies).