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arco madrid 2026 art fair report 1234776042

The 45th edition of Arco Madrid opened at the IFEMA Madrid complex with a notably slower start than previous years. While initial VIP attendance appeared thin due to competing events and geopolitical factors, the fair regained its momentum by midday, drawing a crowd of international collectors and 211 galleries from 30 countries. Exhibitors noted a more relaxed atmosphere compared to major fairs like Art Basel, with visitors taking a more contemplative approach to acquisitions.

frieze acquisition finalized mari ari emanuel 1234756029

Ariel Emanuel, through his newly formed company Mari, has finalized the acquisition of Frieze, which includes its magazine, seven art fairs worldwide, and two exhibition spaces. The deal also encompasses tennis events like the Miami Open and Madrid Open, along with a majority stake in the collector car auction house Barrett-Jackson. The acquisition was first announced in May and reportedly valued at $200 million, with financial backing from investors including Apollo, RedBird Capital Partners, and the Qatar Investment Authority. Mari will be led by Emanuel and Mark Shapiro, with Simon Fox remaining as CEO of Frieze.

frieze acquisition finalized mari ari emanuel 1234756029

Ariel Emanuel, through his newly formed company Mari, has finalized the acquisition of Frieze, which includes its publication, seven art fairs worldwide, and two exhibition spaces. The deal also encompasses tennis events like the Miami Open and Madrid Open, and a majority stake in Barrett-Jackson, a collector car auction house. The acquisition, first announced in May, was valued at around $200 million, with Goldman Sachs and LionTree Advisors serving as financial advisers. Mari, backed by $2 billion in equity from investors including Apollo, RedBird Capital Partners, and the Qatar Investment Authority, will be led by Emanuel alongside Mark Shapiro, with Simon Fox remaining as Frieze CEO.