Cate Blanchett is a Red Carpet Winner at Oscars 2014!

Cate Blanchett is already a winner for her amazing look on the red carpet at the 2014 Academy Awards held at the Dolby Theatre on Sunday (March 2) in Hollywood.

The 44-year-old actress is nominated this evening for Best Performance by an Actress in a Leading Role for her work in the film Blue Jasmine.

More Oscars Coverage: Check out the latest coverage of the Academy Awards!

Cate is going up against American Hustle‘s Amy Adams, August: Osage County‘s Meryl Streep, Gravity‘s Sandra Bullock, and Philomena‘s Judi Dench.

FYI: Cate is wearing an Armani Prive sleeveless nude gown featuring Swarovski crystals. She finished off her look with Roger Vivier shoes and Chopard jewelry.