Turner Prize-winning artist Anish Kapoor’s spiralling sculpture has been chosen as the monument to mark the London 2012 Olympic Games. The 115m tall piece, named the ArcelorMittal Orbit, will be placed in the Olympic Park and will be 22m higher than New York’s Statue of Liberty. The GBP 19.1 million design incorporates the five Olympic rings and will offer visitors panoramic views of London. The artist will work with leading structural designer, Cecil Balmond of engineering firm Arup. ArcelorMittal Orbit will be built near the Olympic stadium. Steel company ArcelorMittal – owned by steel magnate Lakshmi Mittal – will fund up to GBP 16 million of the project with GBP 3.1 million provided by the London Development Agency.
