English model Cara Delevingne, 33, arrived in a long-sleeve bodysuit that was adorned with red, black and white sequins to resemble a male torso. She finished the look with a black pencil skirt and wore her hair in a slick updo

The infamous Vanity Fair Oscars Party is now underway as Hollywood’s finest celebrate their wins and commiserate their losses.

The legendary bash, which was founded by former Vanity Fair editor Graydon Carter in 1994, immediately follows the Academy Awards every year.

Tonight’s main ceremony, hosted by Conan O’Brien for the second year in a row, saw Michael B. Jordan take home the Best Actor award for Sinners, Jessie Buckley for Best Actress in Hamnet and One Battle After Another for Best Picture.

But now it is time for the celebs to let their hair down behind closed doors at the Los Angeles County Museum of Art.

This year, the Vanity Fair party looks a lot different, according to the magazine’s global editorial director, Mark Guiducci.

‘We will have a smaller guest list than in recent years and are cultivating a sense of privacy so that people can let their hair down,’ Guiducci, 36, revealed in Feed Me – a daily Substack newsletter about the spirit of enterprise by Emily Sundberg.

He also shared that even though this year’s red carpet was ‘bigger than ever,’ the only journalism coming from inside the party will be that of Vanity Fair – meaning that no other outlets will have access.

However, fans have still been treated to a glimpse of the star-studded guests on their way in. And with many famous faces opting for a quick outfit change from the earlier red carpet – there are a whole host of new fashion mishaps from today’s celebrations.

English model Cara Delevingne, 33, arrived in a long-sleeve bodysuit that was adorned with red, black and white sequins to resemble a male torso. She finished the look with a black pencil skirt and wore her hair in a slick updo

English model Cara Delevingne, 33, arrived in a long-sleeve bodysuit that was adorned with red, black and white sequins to resemble a male torso. She finished the look with a black pencil skirt and wore her hair in a slick updo

Social media personality Brittany Broski, 28, missed the mark as she arrived at the afterparty in a floor-length leopard-print gown that boasted gold buckle detailing on the straps - as she also sported an ICE OUT badge

Social media personality Brittany Broski, 28, missed the mark as she arrived at the afterparty in a floor-length leopard-print gown that boasted gold buckle detailing on the straps – as she also sported an ICE OUT badge

Stylist Micah McDonald made a rare fashion misstep in an all-white suit that appeared to be several sizes too big. He flashed a glimpse of his bare chest in the baggy ensemble which he paired with white shoes

Stylist Micah McDonald made a rare fashion misstep in an all-white suit that appeared to be several sizes too big. He flashed a glimpse of his bare chest in the baggy ensemble which he paired with white shoes

Hannah Einbinder, 30, best known for her role in the HBO Max series Hacks, slipped into a clashing combination of black gown and a garish yellow wrap around that looked awkward to hold

Hannah Einbinder, 30, best known for her role in the HBO Max series Hacks, slipped into a clashing combination of black gown and a garish yellow wrap around that looked awkward to hold

Actress Kiernan Shipka, 26, best known for her roles in Mad Men and Riverdale, looked more ready for a summer ball than an exclusive Oscars afterparty in a Rodarte floral gown that boasted pastel pink hues and embroidery

Actress Kiernan Shipka, 26, best known for her roles in Mad Men and Riverdale, looked more ready for a summer ball than an exclusive Oscars afterparty in a Rodarte floral gown that boasted pastel pink hues and embroidery

TV actor Matt Bomer, 48, attended in a suit jacket that was both an alarming color and material that made him look more like a resturant server than A-list guest. He finished the unusual look with an oversized bow tie

TV actor Matt Bomer, 48, attended in a suit jacket that was both an alarming color and material that made him look more like a resturant server than A-list guest. He finished the unusual look with an oversized bow tie

Conan O’BrienJessie Buckley

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