Academy Awards Red Carpet

1. academy red 01

If you can't beat the queen, be the princess: Penelope Cruz was far and away the red carpet winner, with a couture gown by Versace. Simply stunning.

2. academy red 02

Jennifer Lopez was a close second in our book—this jeweled frock by Marchesa had the bling built right in.

3. academy red 03

One more shot, just so you can really appreciate the detail in the back. Marc says he picked this one out—who knew he had such fashion sense?

4. academy red 04

We're not usually a fan of Cameron Diaz, but she looked great in this sophisticated white dress. Wonder what her ex Justin Timberlake thought of it!

5. academy red 05

 Adriana Barraza, nominated in the Best Supporting Actress category for Babel, knows exactly what's age- and body type-appropriate to wear. She's been to a lot of award shows this year, and she's looked fantastic at all of them. ¡Mejico presente!

6. academy red 06

Here's a trilogy we love to watch: Mexican directors Alfonso Cuaron, Alejandro Gonzalez-Iñarritu, and Guillermo del Toro. Oh, and their wives. 

7. academy red 07

Alfonso Cuaron, pictured here with his wife, was up for Best Adapted Screenplay for Children of Men, which he also directed.

8. academy red 08

Guillermo Del Toro was the night's biggest Latino winner-his film Pan's Labirynth won 3 Academy Awards.

9. academy red 09

13 year-old Ivana Baquero played the lead role in Pan's Labirynth.

10. academy red 10

Ivana Baquero and her Pan's costar Maribel Verdu.

11. academy red 11

Guillermo Arriaga (pictured here with his family) was nominated for Best Original Screenplay for Babel.

12. academy red 12

Gustavo Santaolalla picked up the only award for Babel on Oscar night, for Best Original Score. We love him!

13. academy red 13

Jay Manuel, best known for his work on America's Next Top Model, gave red carpet commentary for the E! network. Wonder who gave him any makeup advice...

14. academy red 14

 Los Angeles Mayor Antonio Villaraigosa probably thinks getting to go to the Oscars is the biggest perk of his job.

15. academy red 15

 We thought we'd leave you with a cutie: get used to seeing Rick Gonzalez-he's got quite a few movies coming out this year, beginning with John Singleton's Illegal Tender, which co-stars Tego Calderón.