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Updated at 10:22 PM EST<\/em><\/p>\n You never know just who will turn up on the Vanity Fair<\/em> Oscar Party red carpet 2026<\/a>. With an ultra-exclusive guest list that brings together Oscar<\/a> winners, athletes, fashion designers, billionaires, studio heads, artists, actors, musical icons, models, and more, the Vanity Fair<\/em> Oscar Party is more than a starry Oscar after-party; it\u2019s an institution. And for many, the Vanity Fair<\/em> Oscar Party red carpet 2026 is the clearest indicator that the Vanity Fair<\/em> Oscar Party is still the hottest ticket in town, over three decades after it first began at Mortons<\/a>.<\/p>\n Though the location<\/a> of the Vanity Fair<\/em> Oscar Party 2026 has changed, as the bash makes its debut at the soon-to-reopen LACMA<\/a> this year, one thing remains the same: the Vanity Fair<\/em> Oscar Party red carpet requires a look all its own. As stylist Rachel Zoe recently told VF<\/em>\u2019s Elise Taylor<\/a>, the outfit change is not superficial; it could help transform an actor\u2019s mindset as they went from the Oscar ceremony to the Vanity Fair<\/em> Oscar Party, shifting from work to play. \u201cIt\u2019s very much about the psychology of how they feel. They\u2019re in this gown for Oscars because you\u2019re nominated or even win. Or maybe you\u2019re presenting. It\u2019s a very intense moment. The change is like, \u2018OK, let\u2019s go see everyone and have fun now,\u2019\u201d she said.<\/p>\n And one of the best parts of the Vanity Fair<\/em> Oscar Party red carpet 2026? Seeing all the different ways guests interpret what having fun looks like. Whether it\u2019s Kendall Jenner<\/a> putting her own unique spin on a classic black party dress with designs by Balenciaga, Maison Margiela by John Galliano, and archival Thierry Mugler, or Julia Fox<\/a>\u2019s collection of attention-grabbing looks, personal style remains the best accessory a guest at the Vanity Fair<\/em> Oscar Party can bring (well, next to an Oscar statuette, that is).<\/p>\n Last year, best actress winner Mikey Madison (Anora<\/em>) and best supporting actress winner Zoe Salda\u00f1a (Emilia P\u00e9rez<\/em>) triumphed on the Oscar stage. But their transformations<\/a> from their Oscar ceremony dresses into their after-hours Vanity Fair<\/em> Oscar Party looks deserved their own awards. For the Oscar ceremony, Madison wore a two-tone pink-and-black satin Dior gown, and for the Vanity Fair<\/em> Oscar Party, slipped into a plunging strapless gown by the French fashion house. Salda\u00f1a, meanwhile, wore a strapless ruby-red Saint Laurent bubble gown to the Oscar ceremony, and later, changed into a high-low skirt from the same designer for the Vanity Fair<\/em> Oscar Party.<\/p>\n