Tennis champ Serena Williams glammed it up in Hollywood on Sunday at the Vanity Fair Oscar Party, flashing a lot of skin and dripping in diamonds.

The 33-year-old showed off her impressive physique in a wrap-over shiny red gown split to the waist with a plunging neckline and a scooped back.

She wore her hair in an elegant up do with huge sparkling earrings matching her open-toed bejeweled sandals and gigantic diamond rings on each hand.

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Grand slam glamour: Serena Williams showcased her incredible body in wraparound red slit to the waist and offset with diamonds

Emphasizing her assets: The 33-year-old’s red gown was gathered at the back and featured an embroidered design of red flowers down the sheer see-through back

If you’ve got it, flaunt it: The World No. 1’s left leg did all the work as Williams posed for photographers as she arrived at the Vanity Fair Oscar Party in Hollywood

Williams, who gained her 19th Grand Slam title when she won the Australian Open for the sixth time last month, seemed to relish the chance to take time away from the court and walked the arrivals carpet like a pro.

When she turned around, it was clear that the top of her dress actually had a sheer flesh-colored top to it and a series of pretty red embroidered flowers down the back.

Inside the party following the 87th Academy Awards, she caught up with one-time rumored beau, director Bret Ratner and flirted with ex-boyfriend Common.

Best leg forward: Inside the Vanity Fair party, Williams caught up with director Brett Ratner, who is her one-time boyfriend, and Queen Latifah as well as Andy Roddick’s wife, model and actress Brooklyn Decker

At one point she grabbed the Oscar that Common won along with John Legend for Best Original Song for Glory and appeared to make a dash for it, posting on Instagram that she’d just ‘won’ an Oscar.

She didn’t get far though before Common, who plays a Civil Rights leader in the Oscar-nominated film Selma, caught up with her and got his statuette back.

The encounter led to speculation that the pair, who broke up in 2010 after dating for two years, might be getting back together.

The World No. 1 broke off her relationship with French coach Patrick Mouratoglou last September and has been single since then.

Look what I got: Williams ‘stole’ the Oscar her ex-boyfriend Common won, along with John Legend, for Best Original Song for Glory

Gotcha! Common wasn’t letting his gold statuette or Williams get away and happily posed for photos with the tennis ace, sparking rumors of a possible reunion

The tennis star also took time to chat with Brooklyn Decker, the model and actress wife of tennis player Andy Roddick.

Williams apparently partied all night before finally making it to bed around 5 a.m. when she posted a photo of her and her cute little dog on Instagram saying ‘That’s a wrap! Goodnight (morning).’

All night long: The tennis star partied until the early morning hours before finally hitting the sack, too tired to remove her makeup