There are two things you need to know about this car--it's fast and it looks crazy.

Artist Jeff Koons has been collaborating with BMW since 2003. His Art Car has a blend of bright and vibrant colors. It's a one-off wonder and will race at the 24 Hours of Le Mans.

Koons's palette is an M3 GT2, and it's race-ready for the French endurance classic.

This is the 17th Art Car that BMW has commissioned. It wears No. 79, in tribute to Warhol's Art Car from 1979. That car saluted Frank Stella's 1976 racer. They both competed at Le Mans.

BMW takes racing and art quite seriously.

BMW's Art Car press release
At the premiere of the 17th BMW Art Car, Jeff Koons unveiled and signed his car in front of 300 international VIP guests on June 1 in the Centre Pompidou, one of the world's most prestigious cultural institutions for modern and contemporary art. It is the same place where Roy Lichtenstein back in 1977 first presented and signed his Art Car.

In the spirit of Calder, Stella, Lichtenstein, Warhol, BMW announced this year that the 17th Art Car created by Jeff Koons will race where the first rolling pieces of art by legendary artists raced – at the 24 Hours of Le Mans in France on June 12-13, 2010. Koons' canvas is a BMW M3 GT2, which was homologated to compete at this year's running of the world's most famous endurance race.

On June 2, between 11 am to 9 pm, the public will have the chance to see the Art Car free of charge in the Forum of the Centre Pompidou. At 5.30 pm Jeff Koons will participate in a book signing at the official book store of the museum before he will talk about his work in conversation with Alain Seban, President of the Centre Pompidou, at 6 pm at the Forum of the museum.

The Design Process
As part of his creative process, the artist collected images of race cars, related graphics, vibrant colors, speed and explosions. The resulting artwork of bright colors conceived by Koons is evocative of power, motion and bursting energy. Its silver interior along with the powerful exterior design, the Art Car will impart a dynamic appearance even when it's standing still.

“These race cars are like life, they are powerful and there is a lot of energy,” said Koons. “You can participate with it, add to it and let yourself transcend with its energy. There is a lot of power under that hood and I want to let my ideas transcend with the car – it's really to connect with that power”.

Koons has been in an intense collaboration with BMW's team in Munich for months – melding his skill with sophisticated BMW engineering – to ensure that the 17th BMW Art Car will be race-ready for the 24 Hours of Le Mans.

Traveling back and forth to Germany many times since the February 2 announcement that Koons would create the 17th BMW Art Car, the artist has worked with the BMW engineering and design teams to conduct in-depth explorations of materials and application options that will prove crucial to optimizing both the aesthetic and aerodynamic attributes of the race car. Working with actual 3-D computer-aided design (CAD) models of the BMW M3 GT2, Koons could simulate the application of the graphic to the car's surfaces and evaluate it from all angles.

Koons even donned a helmet and joined BMW's American Le Mans Series race team for testing in Sebring, Florida, on February 23. Koons was able to experience the M3 GT2 at race speed to further inspire his design. As Koons describes it, he witnessed “the raw unfiltered performance” of the M3 GT2 from the seat of a historic BMW M1 race car. Koons also drove a BMW M3 Coupe on the circuit to further the dynamic exercise.