[5] Gnarr announced that the party was to be dissolved after he stepped down as mayor after the upcoming local elections in May 2014.

Many of the Best Party's members joined Bright Future, while Gnarr himself stopped political participation.

[7] The Best Party was founded in late 2009 by Jón Gnarr, an Icelandic actor, comedian and writer.

[8] In late 2012 the party founded Bright Future, with independent MP Guðmundur Steingrímsson, in order to contest the 2013 national parliamentary election.

[5] The Best Party's Managing Director Heiða Kristín Helgadóttir is also the chairwoman of Bright Future.