
It was recorded in Dublin, Hollywood, Nashville and New Jersey and features guest appearances from Dolly Parton, Vince Gill, Mary Black, Tim O’Brien, Earl Scruggs, Pete Wernick and Tony Trischka.
Martin wrote all the songs on the album, and will be appearing on Saturday Night Live on January 31 to promote it.
He said: ‘I have loved the banjo my whole life. The songs on this record represent the influence of a dozen players and a thousand tunes, and I thank them all.
‘But it's the banjo itself I thank most for generating nostalgia for experiences I never had, joy I was yet to experience, and melancholy that was yet to come.’
Martin has long played the insturment and even featured it in part of his stage act when performing.
The album will be released on January 27, and will be exclusively on Amazon for the initial release.
Steve Martin & Earl Scruggs: Foggy Mountain Breakdown