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This week's art industry roundup covers major developments across auctions, galleries, and institutions. Christie's will auction René Magritte's 'Les grâces naturelles' (ca. 1961) as the star lot of its Art of the Surreal evening sale in London on March 5, with an estimate of £6.5–9.5 million. Zona Maco in Mexico City has announced 241 exhibitors for its 22nd edition, including a new section called Forma. The London Art Fair reported strong sales for British women abstract painters, while Vienna's Spark Art fair canceled its 2025 edition for a strategic pause until 2027. In gallery news, Amy Sherald signed with Creative Artists Agency, and several other artist-gallery representation changes were announced. The U.K. government pledged £1.5 billion to support cultural organizations from 2025 to 2030, and Tarek Atoui was named the next Turbine Hall commission artist at Tate Modern.

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Jeff Magid, a New York, Los Angeles, and Mexico City–based art collector, plans to open Cuernavaca Tres, a public art foundation in Mexico City, in 2026. In an opinion piece for ARTnews, he argues that the current downturn in the art market—marked by declining sales and gallery closures—is not due to economic cycles or financialization, but rather a simple mismatch: there are more galleries, auctions, fairs, and artists than ever, while the number of buyers has not kept pace. Magid criticizes the luxury retail model adopted by many galleries, which prioritizes exclusivity and status signaling, and contends that this approach fails to attract enough new collectors to sustain the market.

Frida Kahlo: Making of an Icon

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The Museum of Fine Arts, Houston, has launched a major exhibition titled "Frida Kahlo: Making of an Icon," which explores the artist's transformation from a relatively unknown figure during her lifetime into a global cultural phenomenon. Curated by Mari Carmen Ramírez, the show features over 200 objects related to "Frida mania" alongside works by 80 contemporary artists who have been influenced by her legacy. The exhibition traces her life from her childhood in Mexico City and her tumultuous relationship with Diego Rivera to her emergence as a symbol for various social movements.

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The United States invaded Venezuela in a military operation that seized President Nicolás Maduro and his wife Cilia Flores, who will face federal charges in New York. The Trump administration has stated it will run the country until a favored government is installed, while Vice President Delcy Rodriguez has been sworn in as interim president. The operation has sparked global protests and mixed reactions among Venezuelans, with some celebrating Maduro's ouster and others condemning the violation of international law.

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This week's art industry roundup covers major developments across art fairs, auction houses, galleries, and museums. At Expo Chicago, emerging artist Auudi Dorsey sold her painting *Rumble* (2025) for $14,000 on opening day at Palo Gallery, while the fair featured 170 exhibitors including 20 from South Korea amid tariff concerns. Vienna Contemporary appointed Abaseh Mirvali as artistic advisor for 2025-2026. Sotheby's was selected by Barbara Gladstone's estate trustees to sell her collection, starting with a May 15 single-owner sale of 12 works estimated at over $12 million. Nine artworks from the Anne and Sid Bass collection head to Christie's New York, and Sotheby's secured a $70 million Alberto Giacometti sculpture for its May 13 evening sale. Philipp Kaiser departed Marian Goodman Gallery after six years. Customs backlogs from President Trump's import policy changes are causing shipping headaches, with DHL halting business-to-consumer shipments over $800 to the U.S. Air de Paris withdrew from Art Basel. Mexico City gallery OMR hired Agustina Ferreyra as director. Angelica Jopling is expanding her London gallery Incubator to New York. Alexander Gray Associates now represents Donald Moffett. In museums, the National Endowment for the Humanities, following DOGE staff cuts, is offering grants up to $600,000 for statues for Trump's National Garden of American Heroes. CCS Bard appointed Lauren Cornell as artistic director and Mariano Lopez Seoane as graduate program director. The New York Academy of Art named Paul R. Provost president. The Artists' Legacy Foundation appointed Daisy Murray Holman executive director. The Speed Art Museum named Diallo Simon-Ponte assistant curator. The Garage Museum of Contemporary Art in Moscow appointed Daria Kotova director. The Nasher Sculpture Center named Carlos Basualdo director. The Cultural Infrastructure Index reported a 17% drop in completed cultural projects in 2024.

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Photographer Graciela Iturbide is the subject of a major exhibition, "Graciela Iturbide: Vintage," at Throckmorton Fine Art in New York. The show features rare vintage prints, including her iconic work *La Señora de las Iguanas* (1979), and was made possible by the rediscovery of 19 long-lost prints that Iturbide had sent to a dealer decades ago.

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P.P.O.W. gallery has taken on representation of artist Owen Fu, while Nicola Vassell Gallery now represents Na Kim, known for her book covers and paintings. Jessie Washburne-Harris has been named Global Director at White Cube, overseeing the gallery's U.S. growth. Chris Sharp Gallery added Mark A. Rodriguez to its roster, and Berry Campbell took on the estate of Louisa Chase. Mexico City dealers Misa Yamaoka and Yuna Cabon launched an artist residency program at Third Born gallery. The article also reports that combined evening sales at Christie's, Phillips, and Sotheby's in Hong Kong totaled $136 million, a significant drop from $208.6 million last fall, and highlights the rising market interest in 17th-century artist Michaelina Wautier.

Frieze New York marks 15th edition with expanded international reach

Frieze New York marks its 15th edition from 13-17 May at the Shed, featuring 68 galleries from over 25 countries. The fair includes 57 exhibitors in the main section and 11 in Focus, with nearly half maintaining a New York location. First-time participants include Europa, Sargent’s Daughters, Soft Opening, Ulrik, and W-galería. Latin American representation has grown significantly, with 14 galleries from the region, including Campeche from Mexico City, Isla Flotante from Buenos Aires, and Central from São Paulo. Christine Messineo, Frieze’s director of fairs for the Americas, highlights the fair’s increasingly international scope and the strong Brazilian contingent.

The US Pavilion Wants Your Money

The American Arts Conservancy, a new nonprofit with MAGA-aligned leadership, is fundraising for Alma Allen's 2026 US Pavilion at the Venice Biennale through a "Donate" button on its website, having received no institutional financial support. Meanwhile, a sculpture by Pedro Reyes at the newly unveiled LACMA building has sparked controversy for recalling a 2021 commission rejected by Mexico City after Indigenous and feminist protests, and the experimental LA nonprofit The Box has closed after 19 years.

Frida Kahlo and Diego Rivera are given a voice by New York's Metropolitan Opera

New York is experiencing a wave of Frida Kahlo-related events this spring, including a new book from Rizzoli about her childhood home museum in Mexico City and a small exhibition at the Museum of Modern Art (MoMA) featuring works by Kahlo and Diego Rivera. The centerpiece is the Metropolitan Opera's new production of *El Último Sueño de Frida y Diego*, with music by Gabriela Lena Frank and libretto by Nilo Cruz, both Pulitzer Prize winners. The opera, which premiered in San Diego in 2022, opens on 14 May and features set and costume design by Jon Bausor, who also co-curated the MoMA exhibition alongside curator Beverly Adams. The production imagines Kahlo's spirit rising from the underworld on the Day of the Dead to reunite with Rivera, blending Mexican musical elements with a dreamlike, visually rich aesthetic.

Radiohead Brings Its Strange Visual Universe to Life in an Immersive Spectacle

Radiohead has launched "Motion Picture House," an immersive audiovisual installation at Brooklyn Navy Yards in New York, on view through June. The exhibition draws from the band's albums *Kid A* (2000) and *Amnesiac* (2001), featuring glitching televisions, cryptic posters, stick-figure sculptures, and alien landscapes. It culminates in a 75-minute film, *KID A MNESIA*, directed by Sean Evans, originally released in 2021. The show debuted at Coachella Festival and will travel to Chicago, Mexico City, and San Francisco through early 2027.

Mexico’s art community calls for greater transparency in management of treasured collection

Over 350 Mexican cultural professionals have signed an open letter demanding greater transparency from the Instituto Nacional de Bellas Artes y Literatura (INBAL) regarding the management and export of the Gelman Collection. The collection, recently acquired by the Zambrano family and rebranded as the Gelman Santander Collection, includes 18 works by Frida Kahlo and other major 20th-century Mexican artists, with 30 pieces designated as national artistic monuments requiring state oversight.

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TONO, the time-based art festival, has announced its 2026 lineup, running March 6–22 across Mexico City and Puebla. The program includes video installations, performance commissions, music events, and screenings at venues such as Laboratorio Arte Alameda, Casa del Lago UNAM, Museo Jumex, Museo de Arte Moderno, and Museo Amparo. Featured artists include Tino Sehgal, Space Afrika, Franziska Aigner, Kelman Duran, Ho Tzu Nyen, Avantgardo, Rafael Lozano-Hemmer, and Melanie Smith. International collaborations bring dance works via 99 Canal and Dance Reflections by Van Cleef & Arpels, and a joint evening with Berlin’s Neue Nationalgalerie. The festival is also co-producing Camille Henrot’s exhibition Água Viva at São Paulo’s Instituto Bardi.

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Zona Maco, one of Latin America's premier art fairs, will return to Mexico City from February 4–8, 2026, at Centro Banamex. The fair will feature 241 exhibitors across nine sections, including a new section called Forma, which blends contemporary art and design, and a revised Diseño Emergente section for emerging designers. Notable participants include Pace Gallery, Galleria Continua, Kurimanzutto, and OMR, with curated sections led by Aimé Iglesias Lukin and Manuela Moscoso. Founder Zélika García highlighted the fair's growth and its commitment to showcasing blue-chip galleries alongside emerging and mid-career talent.

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Cultured's gallery show guide highlights five exhibitions in Los Angeles. Lee Lozano's "Hard Handshake" at Hauser & Wirth (through January 18, 2026) features drawings from her first nine years, marking the first major LA show devoted to her work. Puppies Puppies (Jade Guanaro Kuriki-Olivo) presents "Forbidden Colors (Free)(Palestine)(Sudan)" and "Transgender Abstraction to Transgender Conceptualism" at Ceradon (through December 6), transforming the gallery into flags referencing Palestine, Sudan, and trans pride. Sabrina Gschwandtner's "Absinthe, Smoke, Sugar, Choice" at Shoshana Wayne Gallery (through January 10, 2026) uses quilt-making with illuminated film strips to explore female bodily autonomy. Kathleen Ryan's "Souvenir" at Karma (through December 20) debuts concrete peaches with Harley Davidson engines. Ben Sakoguchi's "Chin Music" at Marc Selwyn Fine Art (through December 23) uses historic advertisement motifs to animate history.

Radiohead Hits the Road With a Haunting Immersive Installation

Radiohead has announced a North American tour for "Motion Picture House," a massive 17,000-square-foot immersive audiovisual installation. The project features a 75-minute film titled Kid A Mnesia, directed by Sean Evans, which incorporates art created by frontman Thom Yorke and longtime collaborator Stanley Donwood. Launching at the Coachella festival before traveling to cities like Brooklyn and Mexico City, the experience combines surround-sound studio recordings with physical galleries displaying the original source art from the band's seminal turn-of-the-century albums.

How an Overlooked Printmaker Became a Hero of Mexican Cultural Identity

The article profiles the life and work of José Guadalupe Posada, a prolific Mexican printmaker who died in relative obscurity in 1913. It details his career from his early work in lithography and political cartoons to his later, defining collaboration with publisher Antonio Vanegas Arroyo in Mexico City, where he produced sensationalist broadsides and his iconic calaveras (skeletons).

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Mexico City is renowned for its immense concentration of museums, with estimates ranging from 150 to 200 institutions. The city's art scene has been further amplified by the rise of Zona Maco, which has established a major international Art Week each February, drawing collectors and galleries. The article highlights five must-see museums, beginning with the Museo Anahuacalli, a unique museum built by Diego Rivera and architect Juan O'Gorman to house Rivera's vast collection of pre-Hispanic artifacts.

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Artnet News continues its exploration of famous artists' studios via Google Maps Street View, featuring nine historic homes and workspaces. Among them are Max Liebermann's lakeside Berlin villa, now a memorial museum; the modernist compound of Diego Rivera and Frida Kahlo in Mexico City, designed by Juan O'Gorman; Dora Gordine's eclectic Dorich House in South London; and Ben Nicholson's studio in the historic Porthmeor Studios building in Cornwall, which once housed Francis Bacon and other artists. Each entry includes the location, historical context, and an interesting fact about the site.

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The 24th edition of the Biennale de Arte Paiz, titled "El Arból del Mundo" ("The Tree of Life"), has opened in Guatemala City and Antigua Guatemala. Under Italian curator Eugenio Viola, the biennial has expanded from 30 to 46 artists and doubled its venues from 5 to 10, including the Museo Nacional de Arte de Guatemala (MUNAG) and La Nueva Fabrica. The dates have shifted to December to attract visitors from Miami Art Week and Zona Maco in Mexico City. The show features textile works, research-based art, and ecological themes, with highlights including a street installation by Erick Boror.

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Museo Jumex in Mexico City will host "Fútbol y Arte. Esa misma emoción" (Football & Art. A Shared Emotion), an exhibition timed to the 2026 FIFA World Cup. Opening March 28 and running through July 26, the show features around 100 works by 60 international artists, including Marta Minujín, Graciela Iturbide, Melanie Smith, and Rafael Ortega. Curated by Guillermo Santamarina with exhibition design by Mauricio Rocha, the museum will be transformed into elements symbolic of soccer, with sections exploring gender, community, identity, and the political dimensions of the game. New commissions by Diego Berruecos, Iñaki Bonillas, and Sofía Echeverri are included, along with a sculptural installation by Tercerunquinto made from recycled Estadio Azteca seats.

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A painting of Saint Francis of Assisi, stolen from the Church of San Francisco de Asis in Teotihuacán, Mexico, in 2001, has been recovered and returned to the church. The six-foot-tall work, painted in 1747 by an unknown artist, was among 18 artworks taken in a nighttime theft. It resurfaced in 2018 when it was consigned to Mexico City auction house Morton Subastas, whose due diligence with the Art Loss Register flagged it as stolen. The painting, valued at 280,000 Mexican pesos ($15,000), was returned to the church in a ceremony led by Padre Teodoro García Romero.

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Hilda Trujillo Soto, former director of the Frida Kahlo and Diego Rivera museums in Mexico City, has publicly accused the trust overseeing these institutions of years of mismanagement. In a blog post published in early April, Soto alleged that trustees failed to address discrepancies in records, with Kahlo and Rivera works possibly missing and later appearing in private U.S. collections. She also claimed that materials from Kahlo’s personal diary and artworks catalogued in 1957, including *Frida in Flames* and *The Abortion*, have been misplaced or illegally sold. The trust, established by Rivera in 1955 and now administered by Mexico’s central bank Banxico, denied Soto’s claims, stating she never officially reported concerns during her tenure from 2009 to 2020.

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A new museum dedicated to Frida Kahlo, the Museo Casa Kahlo, will open on September 27 in Mexico City's Coyoacán district at her family home, Casa Roja. Unlike the existing Museo Frida Kahlo at the adjacent Casa Azul, which focuses on her later career and marriage to Diego Rivera, this institution will explore Kahlo's early life and artistic roots, including her father's photography. The museum will display childhood photographs, dolls, jewelry, letters, her first oil painting, and her only known mural, alongside temporary exhibitions of Mexican, Latin American, and women artists. The project is led by Kahlo's descendants, including Mara Romeo Kahlo and Frida Hentschel Romeo, with support from the Rockwell Group architecture firm and a new nonprofit, the Fundación Kahlo.

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A new museum dedicated to Frida Kahlo will open in Mexico City's Coyoacán district this September, housed in the Casa Roja, a private residence purchased by Kahlo's parents and passed down through the family. The property was gifted by the artist's grandniece Mara Romeo Kahlo, and the museum was designed by the New York–based Rockwell Group. Adán García Fajardo has been appointed director, and the project is funded by the newly established nonprofit Fundación Kahlo, chaired by public relations veteran Rick Miramontez. The museum will explore Kahlo's early life, inspirations, and cultural influences, and will feature rotating contemporary art exhibitions focused on Mexican, Latin American, and women artists.

OSCAR MURILLO: PAINTING AS A WELL OF ACCUMULATION

ÓSCAR MURILLO: LA PINTURA COMO POZO DE ACUMULACIÓN

The article profiles Colombian-born artist Oscar Murillo and his expansive, socially-engaged practice. It details his rise to international prominence in the early 2010s with large-scale paintings that incorporate text, textiles, and studio detritus, and highlights his ongoing, collaborative project 'Frequencies,' which involves students from over thirty countries creating works on canvases attached to school desks. The piece also references his major solo exhibitions, including 'El pozo de agua' at kurimanzutto in Mexico City (2026), 'Masas' at WIELS in Brussels (2024), and 'The flooded garden' at Tate Modern (2024).

Leonora Carrington’s Enigmatic Sculptures Get a Rare Outing in New York

L’Space Gallery in New York is presenting “Shape of Dreams: Sculptures by Leonora Carrington,” a rare exhibition focused on the British Mexican Surrealist’s bronze sculptures and jewelry, on view through June 27, 2026. Produced with Consigna Gallery of Mexico City and the Leonora Carrington Council, the show includes works such as *The Palmist* and *La Inventora del Atole*, alongside a selection by her son Pablo Weisz Carrington. An interactive Tarot Reading Booth, featuring a deck designed by Carrington and an A.I. reconstruction of her voice, anchors the exhibition.

Artists respond to the continuing toll of colonialism in the Americas

The Chicago art space Wrightwood 659 is hosting a major survey titled "Dispossessions in the Americas: The Extraction of Bodies, Land, and Heritage from La Conquista to the Present." Featuring over 35 contemporary Latin American artists, including Regina José Galindo and the late Ana Mendieta, the exhibition is the culmination of a multi-year research project funded by the Mellon Foundation. The show explores the historical and ongoing impacts of colonial dispossession on Indigenous, Afro-descendant, and LGBTQ+ communities through diverse media ranging from performance art to installation.

‘It smells like my ranch!’ Diva of dirt Delcy Morelos and her amazing 30-tonne earthworks

The article profiles Colombian artist Delcy Morelos and her immersive earthwork installations, focusing on two major works: 'The Womb Space' in Mexico City, which has drawn over 60,000 visitors in its final month, and 'Origo', a new 24-metre-wide outdoor pavilion opening at the Barbican in London. Morelos creates vast soil sculptures sourced from specific regions, evoking sensory experiences of smell, touch, and memory, and invites visitors to contemplate their connection to the earth. The piece includes her reflections on Andean cosmovision, the sacredness of nature, and her 14-year artistic inquiry into soil as a humble yet life-sustaining material.