Miss Universe is a pageant held annually by the Miss Universe Organization, which celebrates women’s accomplishments across the world. This year’s event is being held in Mexico City, Mexico. Sheynnis Palacios of Nicaragua will crown her successor at the end of the event.

The 73rd Miss Universe competition will be hosted by Mario Lopez and Olivia Culpo and is at the Arena Ciudad de México. The reigning Miss Universe Sheynnis Palacios of Nicaragua will crown her successor.

The 2024 Miss Universe Pageant airs today, Saturday, Nov. 16 on Telemundo. Here, 2023 Miss Universe Sheynnis Palacios attends a press conference in Mexico City, Wednesday, Sept. 4, 2024, sharing details on this year's beauty pageant to be held on Nov. 16, in the Mexican capital. Eduardo Verdugo/AP

Miss Venezuela, Migbelis Castellanos, during the costume contest show during the 63rd Annual Miss Universe Competition in Miami, Florida. A three-hour special airs live on NBC on Sunday, Jan. 25 at 8/7c.

This year’s Miss Universe competition will feature the largest number of participants in the history of the pageant with 125 entrants, surpassing the previous record of 94 competitors set in 2018. Here’s everything we know so far,