A new series of American Crime Story telling the story of the assassination of fashion designer Gianni Versace will air on BBC Two, the broadcaster has announced.

The next instalment, detailing the murder in the summer of 1997, will be a follow-up to the Bafta and Emmy winning series The People v O.J. Simpson: American Crime Story.

Point Break star Edgar Ramirez will play Versace while Penelope Cruz will star as his sister Donatella.

Penelope Cruz as Donatella Versace (Jeff Daly/FX)

Singer Ricky Martin will play Versace’s long-time partner Antonio D’Amico and Glee star Darren Criss will play serial killer Andrew Cunanan.

The first episode will be directed by executive producer Ryan Murphy and the series is written by Tom Rob Smith, who penned London Spy.

Annaleigh Ashford as Elizabeth, Darren Criss as Andrew Cunanan, Nico-Evers-Swindell as Phil (Ray Mickshaw/FX)

Patrick Holland, controller of BBC Two, said: “I am thrilled that another season of American Crime Story is coming to BBC Two.

“Ryan Murphy and his team created something truly special with The People vs O.J Simpson, winning a much-merited Bafta amongst a host of other awards.

“With British writer Tom Rob Smith, one of the most exciting talents in television drama, across season two, The Assassination of Gianni Versace promises to be captivating viewing.”

Sue Deeks, head of BBC programme acquisition, added: “With The People v. O.J. Simpson, the brilliant Ryan Murphy and his team crafted a unique and utterly compelling television event which managed to get the nation talking once more about one of the biggest cases in history.

“It is with great anticipation that we welcome the next instalment of the American Crime Story franchise.”

The Assassination of Gianni Versace: American Crime Story will air on BBC Two in 2018.