The Jeff Koons-designed M3 GT2 is on display in London. ©icapressoffice/Photo by Jan Kruger/Getty Images for BMW

(Relaxnews) – The Institute of Contemporary Art (ICA), the Mayor of London’s office and the London 2012 festival partnered with BMW to produce the Art Drive! exhibit with 16 iconic cars painted by top international artists and designers. The collection was started more than 35 years ago, drawing in prominent artists such as Andy Warhol, Jeff Koons, Ernst Fuchs and David Hockney. Londoners and tourists can admire these works of art on wheels through August 4 at the Great Eastern Street Car Park.

The collection was kick-started in 1975, when French race car driver and auctioneer Hervé Poulain asked his friend Alexander Calder to paint his BMW 3.0 CSL for the 24 Hours of Le Mans. The latest piece that was added to the German carmaker’s collection is a M3 GT2 designed by Jeff Koons, which participated in the famous French endurance race in 2010.

Sixteen cars are displayed at the London exhibit, with motifs designed over the years by the likes of Alexander Calder, Frank Stella, Roy Lichtenstein, Andy Warhol, Ernst Fuchs, Robert Rauschenberg, M.J. Nelson, Ken Done, Matazo Kayama, César Manrique, A.R. Penck, Esther Mahlangu, Sandro Chia, Jenny Holzer, David Hockney and Jeff Koons.

The exhibit, open to the public for two weeks, is free.