"As an artist and art lover, I am devoted to the human form," BBC quoted Wood as saying. "I have had the privilege and excitement of standing in the wings of the Royal Ballet and sketching Britain's premiere ballet dancers. "The precision of physical movement of these dancers is mesmerising," he added.
Wood said that the auction would "support artists through the Royal Academy Schools so people like me can continue to be inspired by new talent". Others joining in to donate their pieces to the auction include Tracy Emin, Mary Fedden and Ken Howard.