Wynn Las Vegas unveiled artist Jeff Koons‘ sculpture titled Tulips at the hotel-casino on Thursday. The sculpture was bought at an auction last year for $33,682,500.

Jeff Koons has become the latest in a long line of illustrious artists to produce a label for the equally celebrated wine of Chateau Mouton Rothschild.

Jeff Koons has unveiled his Art Car at the Centre Pompidou in Paris ahead of its participation in the 24 Hours of Le Mans in France on June 12-13, 2010.

On June 1, Koons unveiled and signed his BMW M3 GT2, making him the 17th BMW Art Car artist, following in the footsteps of Warhol, Lichtenstein and Stella.

Three hundred VIP guests watched him unveil the design in the exact same spot that Roy Lichtenstein presented and signed his Art Car back in 1977.

Talk about pimping your ride. US pop artist Jeff Koons’ latest work is a BMW M3 GT2 decorated with exploding, multi-colored rays.

Unveiled by Koons in New York on Tuesday, the car will compete this June at the Le Mans 24 Hours road race in France.

The garish work is number 17 in a series dating back to 1975 in which famous contemporary artists, including Andy Warhol, Roy Lichtenstein and David Hockney, have painted BMWs ahead of Le Mans.

Pictured above: Guilty, a 115-foot yacht designed by Jeff Koons and commissioned by Greek billionaire Dakis Joannou, who owns one of the world’s finest collections of contemporary art.

The exterior design was created by international art star Jeff Koons, famous for his basketball in perspex case, three-storey high “Puppy” made of flowers, and the “Made in Heaven” erotic series of photographs with Italian ex-wife and porn-star-member-of-parliament La Cicciolina.

Koons based his design on a WWI camouflage pattern. complemented by architect Ivana Porfiri’s jagged shapes.

Guilty is likely to appear in next month’s Italian Vogue.

Christie’s sold last week Jeff Koon’s Ballon Flower (Magenta) for $25,752,051, a world record price for the artist at auction.

This work is one of five unique versions: Magenta, Blue, Orange, Yellow, Red and was executed between 1995 and 1999.

Balloon Flower (Magenta) 1995-2000 is from a top Dallas art collector who paid less than £600,000 for it seven years ago. It was the first time a work of this scale and quality by Koons were publicly offered in London.