Image copyright Getty Images Image caption Art Basel will hold an exhibition of 28 work by late French artist Jean-Michel Basquiat, shown here in 2015
Art Basel Miami Beach will return for a 10th year this November with 252 galleries from 42 countries.
The prestigious fair is the largest event of its kind in the world, drawing almost 330,000 visitors last year.
It has transformed Miami’s north beach resort into an international art hub.
New galleries include American collective Firstgirl Fair, which focuses on exhibiting work by women and works by the late German artist Gerhard Richter.
‘Work of art’
The fair also revealed that work by late artist Jean-Michel Basquiat, considered a visionary of New York art in the 1980s, will be on display for the first time since his death in 1988.
The fair is designed to be an exchange platform which gives buyers, curators and media the opportunity to examine the highest quality art.
Its “accommodation” is said to be “a work of art” measuring 7.6m (28ft) by 6.1m (20ft) by 6.7m (20ft) and weighing an impressive 50 tonnes.
The festival expects to draw an estimated 1.5 million visitors to see 278,000 works of art in 152 galleries from around the world.
A main focus of this year’s fair will be the works of Argentinian artist Viviana Vittoria, whose investigations of the relationship between performance and commercialism will form part of a showcase of international galleries.
Image copyright Getty Images Image caption A promotional image for the fair.
“The last few years have not only seen an unprecedented amount of cultural activity in Miami but also the emergence of the international art market as a whole,” said Art Basel founder and president Axel Roesler.
“We see the success of Art Basel at the extreme end of the international market. This new expression, focusing on developing artists at an increasingly rapid rate, represents a new global expansion opportunity.”
About art fairs
Art Basel was founded in Miami in 1990 by Swiss business executive Stephan Herzog.
He set up the exhibition specifically to “build an industry of art fairs”.
The original fair attracted 120 galleries, generating over $60m (£46m) in sales for artists.
The fair expanded in its second year to 600 galleries from 60 countries.