Jan 14, 2014 at 11:50 pm

Heidi Klum & Kate Upton: 'SI' 50th Anniversary Swimsuit Party!

Heidi Klum is red hot while attending the 50th Anniversary of the Sports Illustrated Swimsuit Issue Party held at Dolby Theatre on Tuesday (January 14) in Hollywood.

The 40-year-old Project Runway host was joined on the red carpet by supermodels Kate Upton, Ireland Baldwin, Chrissy Teigen, Jessica Gomes, and Marisa Miller.

PHOTOS: Check out the latest pics of Heidi Klum

Chrissy‘s husband John Legend is also scheduled to perform at the event.

FYI: Heidi is wearing a Jitrois dress and Lorraine Schwartz jewels. Ireland is wearing a Keepsake dress, Casadei shoes, Smythson bag, and Wanderlust rings. Kate is wearing an Antonio Berardi dress, David Yurman rings, and Christian Dior watch and earrings. Jessica is wearing a Dion Lee dress. Marisa is wearing an Amen dress, Christian Louboutin shoes, and Le Vian jewels.