Sharjah24 – AFP: Art Basel launched its inaugural fair in Paris on Thursday, seen as capping the re-emergence of the French capital as a major arts hub following the impact of Brexit on its main rival, London.
But the event also raised eyebrows for controversially replacing a longstanding local art event.
With "Paris + Art Basel", the world's biggest fair organiser has added another major city to its roster. Art Basel already runs events in Basel, Miami and Hong Kong.
It profited from the surprise decision by the Grand Palais venue at the end of last year to suddenly replace the long-running Foire Internationale d'Art Contemporain (FIAC).
Since then, Art Basel has sought to allay fears among French galleries that they might lose their privileged status under the new ownership.
The Swiss giant appointed a largely local team to oversee the new fair. At this week's event, which runs until Sunday, 61 of the 156 galleries on display are French.
There was a shot of youth, too: 16 of the artists exhibiting are aged under 40, twice the number at FIAC last year.
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