The FIFA World Cup Trophy is the most recognised sports prize in the world. The first Trophy, named Victory, was made of gold plated sterling silver and lapis lazuli. It was a depiction of Nike, the Greek goddess of victory, holding an octagonal vessel above her. Later it was renamed in honour of former FIFA president Jules Rimet. Brazil was taking home the Trophy in 1970 because at that time FIFA regulations stated that any nation winning the FIFA World Cup three times would become permanent owners of the Trophy.
The current Trophy, called “FIFA World Cup Trophy”, is the second generation of the coveted prize and cannot be won outright anymore according to the FIFA’s new regulations. The work of Italian artist Silvio Gazzaniga was chosen among the fifty-three designs submitted to FIFA by experts from seven countries. World Cup Winners’ Trophy was introduced in 1974 and is made of 18 carat gold with a base of semi-precious stones, depicting two human figures holding up the Earth. On the bottom side of the Trophy are engraved year and name of each FIFA World Cup winner since 1974. The current holder of the trophy is Spain, winner of the 2010 World Cup.