Emma Stone wows in keyhole cutout gown as she and Ryan Gosling are swarmed by fans while being honored for La La Land at the SBIFF

By Sarah Jones For Dailymail.com

Published: 01:06 EST, 4 February 2017 | Updated: 13:35 EST, 4 February 2017

Their film La La Land looks set to dance its way to victory at the biggest night in Hollywood after picking up 14 Oscars nominations.

So it's no wonder Emma Stone and Ryan Gosling were swarmed by adoring fans as they were honored with the Outstanding Performers of the Year Award at the 32nd Annual Santa Barbara International Film Festival on Friday.

Emma, 28, oozed old Hollywood glamour in a plunging fringed dress with keyhole cutouts that flashed a hint of her toned torso.

Flawless: Emma Stone oozed old Hollywood glamour while being honored at the 32nd Annual Santa Barbara International Film Festival on Friday

Flawless: Emma Stone oozed old Hollywood glamour while being honored at the 32nd Annual Santa Barbara International Film Festival on Friday

Praised: Ryan and Emma were honored with the Outstanding Performers of the Year Award at the SBIFF

Praised: Ryan and Emma were honored with the Outstanding Performers of the Year Award at the SBIFF

And 36-year-old Ryan smoldered in a pinstripe suit with crisp white dress shirt and black necktie.

The Drive actor was handsome as ever with his blond mane combed to one side and while sporting a bit of facial scruff as he signed autographs.

Emma's fiery red tresses fell just to her shoulders and were styled in soft, silky relaxed waves.

She kept her accessories to a minimum with simple diamond earrings and let the dress take center stage.

Showstopper! The 28-year-old star donned a plunging fringed dress with keyhole cutouts that flashed a hint of her toned torso
Showstopper! The 28-year-old star donned a plunging fringed dress with keyhole cutouts that flashed a hint of her toned torso

Showstopper! The 28-year-old star donned a plunging fringed dress with keyhole cutouts that flashed a hint of her toned torso

Get swingy in a fringe maxi dress just like Emma Stone

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Emma Stone is having an incredible year after the success of her latest film La La Land landed her an Oscar nomination for Best Actress.

Along with costar Ryan Gosling she attended the Santa Barbara International Film Festival draped in a floor length fringe gown by Stella McCartney.

The slinky slipdress showed tons of Emma's flawless skin with an exposed back and modest cutouts along the bodice. But the best part was those long, swinging tassels that added a flirty flair to the form fitting silhouette.

Since this stunner hails from the Fall 2017 collection, it has yet to hit stores. So in the meantime shop Stella's pieces at Neiman Marcus by clicking right.

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Luscious locks: Emma's fiery red tresses fell just to her shoulders and were styled in soft, silky relaxed waves

Luscious locks: Emma's fiery red tresses fell just to her shoulders and were styled in soft, silky relaxed waves

The two-time Oscar nominee's green eyes sparkled with a thin black liner, rosy blush and pale pink glossed lips.

In their comedic movie-musical, Ryan plays a jazz pianist that falls in love with an aspiring actress in LA, played by Emma.

They were both nominated for an Oscar for their roles in the Damien Chazelle-directed film.

Hollywood hunk!The two-time Oscar nominee smoldered in a pinstripe suit with crisp white dress shirt and black necktie

Hollywood hunk!The two-time Oscar nominee smoldered in a pinstripe suit with crisp white dress shirt and black necktie

Fan-atical! The Superbad actress made time to stop and sign autographs for the masses of admirers 

Fan-atical! The Superbad actress made time to stop and sign autographs for the masses of admirers 

Svelte star! Stone showcased her enviable figure in the backless number while posing up a storm on the red carpet

Svelte star! Stone showcased her enviable figure in the backless number while posing up a storm on the red carpet

Elegant: She kept her accessories to a minimum with simple diamond earrings and let the dress take center stage

Elegant: She kept her accessories to a minimum with simple diamond earrings and let the dress take center stage

Emma's embrace! Stone was greeted with a hug by the film's writer and director, Damien Chazelle

Emma's embrace! Stone was greeted with a hug by the film's writer and director, Damien Chazelle

Fringe benefits: Emma swapped her slinky red carpet ensemble for a fashion forward fringe look

Fringe benefits: Emma swapped her slinky red carpet ensemble for a fashion forward fringe look

Dapper: Ryan looked dapper in his pinstriped suit behind Emma's stylish look

Dapper: Ryan looked dapper in his pinstriped suit behind Emma's stylish look

Having fun: Ryan and Emma playfully dualled with their awards 

Having fun: Ryan and Emma playfully dualled with their awards 

What an honour: The pair stood onstage during their Outstanding Performers Tribute

What an honour: The pair stood onstage during their Outstanding Performers Tribute

Animated: Emma and Ryan were animated as they watched the proceedings

Animated: Emma and Ryan were animated as they watched the proceedings

Admiration: The co-stars and friends chilled out on the plush leather couch inbetween the honour

Admiration: The co-stars and friends chilled out on the plush leather couch inbetween the honour

When nominations were announced, both A-listers were thrilled to receive the exciting news. 

'What a morning. I am so grateful for this honor and I'm so happy to share this feeling with my La La Land family,' she gushed.

'The greatest part of life is connecting with people, and I love the deeply talented, kind and passionate people I was lucky enough to work with on this movie.

Newlyweds: Cara Santana and and husband Jesse Metcalfe were also on hand

Newlyweds: Cara Santana and and husband Jesse Metcalfe were also on hand

Ooh La La: Cara looked gorgeous in a dark grey silk dress
Ooh La La: Cara looked gorgeous in a dark grey silk dress

Ooh La La: Cara looked gorgeous in a dark grey silk dress

Splash of pink: Fashion blogger Marta Pozzan showed she knows what she writes about in an eye-catching ensemble

Splash of pink: Fashion blogger Marta Pozzan showed she knows what she writes about in an eye-catching ensemble

'I'm also overjoyed that the movie has connected with audiences in the way it has, and that it's hopefully bringing a kick in their step to those who watch it. 

'This is beyond any of our wildest imaginings and we can't wait to celebrate together,' she boasted over the smash-hit musical.

Gosling told E! News: 'I'm very grateful to the Academy for recognizing my work in La La Land. It was a true collaboration, so to see everyone else's wonderful work on the film acknowledged so generously makes it even more special.'  

The Academy Awards will take place in Los Angeles on February 26.  

'I am so grateful': The smash hit musical - with co-star Ryan Gosling - looks set to dance its way to victory at the biggest night in Hollywood after picking up 14 Oscar nominations

'I am so grateful': The smash hit musical - with co-star Ryan Gosling - looks set to dance its way to victory at the biggest night in Hollywood after picking up 14 Oscar nominations

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