Serena Williams Swings Into the Vanity Fair Oscars Party 2014

Serena Williams looks beautiful in sexy cut-out dress while heading into the 2014 Vanity Fair Oscar Party hosted by Graydon Carter held during the 2014 Oscars on Sunday night (March 2) in West Hollywood, Calif.

The 32-year-old tennis star has been in town this weekend attending all of the hot parties going on for the awards show.

PHOTOS: Check out the latest pics of Serena Williams

It was just announced that Serena has been drafted into the first edition of the International Premier Tennis League (IPTL), which has attracted all of the top ranked players, according to CNN.

FYI: Serena is wearing a Michael Costello dress and XIV Karats of Beverly Hills jewels.