The Cristóbal Gabarrón Foundation awarded its International Art Prize to sculptor Richard Serra in Valladolid, Spain. The San Francisco-born American artist was recognized for his outstanding contribution to visual culture. The International Prize is awarded to individuals, groups or institutions in recognition of their work in the sphere of culture. The Foundation also grants other prizes in fields such as Economics, Thought and Humanities, Science and Research and Sport, among others. The prize consists of an 18-karat gold sculpture and a medal. Anthony Giocolea received the prize awarded by BMW-Paris for his work Ghost Ship (2005), promoted by the Luis Adelantado Gallery in Valencia. The prize consists of 12,000 euros ($15,000 USD). Born in 1971, this American artist of Cuban background lives and works in Brooklyn, New York. The BMW-Paris Prize was first presented in 2004, with the aim of promoting contemporary photography.