Beginning in 1959 the Oscar Mathisen Award (also known as the Oscar Mathisen Memorial Award, the Oscar Mathisen Memorial Trophy, and sometimes the Skating Oscar) has been awarded annually to the skater with the most outstanding speed skating performance of the season. The award was introduced by Oslo Skøiteklub (Oslo Skating Club, OSK) to commemorate the legendary Norwegian speed skater Oscar Mathisen (1888–1954). The winner is awarded a miniature of the statue of Oscar Mathisen created by the sculptor Arne Durban. The statue is placed outside Frogner Stadium in Oslo, the venue of many of Oscar Mathisen's most memorable victories.
For the first eight years (1959–1966) no repeat winners were allowed, and women were not eligible to win until 1987. Since its inception in 1959 it has been awarded 66 times to 50 skaters (41 men and 9 women) from 10 countries. Eric Heiden from the United States holds the record for most awards (4 times in 1977–1980) while Gunda Niemann from Germany is the only woman who received this award more than once (3 times in 1995–1997).