Bristol graffiti artist Banksy film's in the running for an Oscar

A film made by Bristol graffiti artist Banksy has been nominated for an Oscar. Exit Through The Gift Shop – has been nominated in the Best Documentary Feature category of the Academy Awards, which will take place in Hollywood next month.

The documentary, which is named after one of the pieces at the mysterious artist's 2009 exhibition at Bristol City Museum and Art Gallery, will be up against Gasland, Inside Job, Restrepo and Waste Land – a British production about "the transformative power of art and the beauty of the human spirit".

Exit Through The Gift Shop, which was described as "the world's first street art disaster movie", featured previously unseen footage of Banksy working in his studio, installing his own art at Tate Britain and spraying stencils under the cover of darkness in locations around the world.

Banksy himself appears in a number of scenes, in silhouette, disguised in a hoody and with a distorted voice, and two of his Bristol pieces, Mild Mild West and the naked man in Park Street, appear briefly in the film.

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The artist also talks about a case full of fake £10 notes that were on display at his well-attended show in 2009.

Exit Through The Gift Shop hit Bristol screens in March last year, and has already picked up a string of awards.

Earlier this month it was shortlisted for a Bafta – in the category for outstanding debut by a British writer, director or producer.

Banksy was nominated for his directorial debut alongside the film's producer Jaimie D'Cruz.

The film has also picked up accolades including gongs at the Cinema Eye Awards, the American Cinema Editors Awards and the Online Film Critics Society Awards.

British film The King's Speech led the field at the Oscar announcements yesterday.

Colin Firth has been nominated for his role as the stammering King George VI while Helena Bonham Carter and Geoffrey Rush are up for best supporting actor awards.

It is a successful year for Britons, with other nominees including Welsh-born Christian Bale – up for supporting actor for boxing film The Fighter – and director Mike Leigh, for his Another Year original screenplay.

Danny Boyle is up for best adapted screenplay for his film 127 Hours.

The 2011 Academy Awards, hosted by James Franco and Anne Hathaway, take place on Sunday, February 27, at the Kodak Theatre in Hollywood.