Penelope Cruz Joins Antonio Banderas for 'Competencia Oficial' Photo Call!

Penelope Cruz looks as amazing as ever at the photo call for her film Official Competition (aka Competencia Oficial) on Monday afternoon (February 21) in Madrid, Spain.

The actress was joined by her co-stars Antonio Banderas and Oscar Martinez for the day of press and promo. The film is about a wealthy businessman who hires a famous filmmaker to help make a smash hit film.

PHOTOS: Check out the latest pics of Penelope Cruz

If you don’t know, Penelope was nominated for an Oscar this year! She is up for Best Actress for her role in Parallel Mothers, and if you didn’t see the news, this year is a very special year for Penelope. Find out why!

FYI: Penelope is wearing Chanel. Antonio is wearing a TAG Heuer Monaco watch.