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Held yesterday in the capital of Spain was the 2010 Goya Awards (Spanish equivalent to the Oscars). Penélope Cruz was a nominee for her work in Broken Embraces, however she lost to Lola Duenas for her role in Me, Too. Cruz also served as a presenter at the gala. Javier Bardem was seated next to her in the audience.

Penélope looked exquisite in a vintage Gianni Versace ivory column gown with vertical signature Gianni Versace zippers in the back of the dress. It’s nice to see something other than black which she’s been choosing a lot here lately.

I have updated the gallery with over x128 pictures from the festivities. Watch a video of her on the red carpet after the break.


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