Penélope Cruz, Hailee Steinfeld and Barbara Palvin smoulder at the Official Competition premiere

She stars alongside Antonio Banderas in Gastón Duprat & Mariano Cohn Spanish comedy Official Competition. 

And Penélope Cruz oozed Hollywood glamour as she stepped out at the premiere of her latest project at the Venice Film Festival on Saturday. 

The star, 47, was joined for the event by Hailee Steinfeld who wowed in a plunging black sequin dress and Barbara Palvin who smouldersed in a strapless navy ensemble.  

Penélope looked timelessly elegant as she took to the red carpet in the pristine tiered thigh-split dress and a liberal dusting of diamond jewellery.

She pulled out all the style stops as she confidently worked her angles for the cameras in the chic white dress and open-toed black stilettos.  

The star revelled in her moment in the spotlight and looked stunning with her chestnut locks swept up into a large swirl bun at the back of her head. 

She toted a minimalist matching clutch bag and accessorised with glamorous diamond and pearl drop earrings and matching rings. 

Penélope’s makeup look consisted of defined brows, a subtle smokey eye and a matte nude lipstick as she flawlessly posed with one hand on her hip before heading in to the premiere screening. 

Penelope and Antonion Banderas are set to appear in the upcoming Spanish comedy film Official Competition, directed by Gastón Duprat & Mariano Cohn. 

The film follows eccentric director Lola Cuevas (Penélope Cruz), who has been hired by a billionaire to create a movie of his ‘legacy’.  

Alongside Lola’s trusted sidekick, Iván Torres (played by Argentine actor Oscar Martínez), they decide on offering the role of the billionaire to the hunky Félix Rivero (Antonio Banderas) to play in their movie.

The group hilariously clash at times, burdened by the task of bringing the frantic filmmaker’s dreams into a reality.  

It is set to have its world premiere at the Venice Film Festival on 4 September 2021.