Penelope Cruz puts on a showstopping display in a white chiffon gown at 76th ...

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() She is one of the most recognisable names in and stars in a highly-anticipated spy thriller.  

And Penelope Cruz looked ethereal in a showstopping white chiffon evening gown as she graced the red carpet for the world premiere of Wasp Network at the 76th Venice Film Festival in .  

The Spanish actress, 45, ensured she stood out from the crowd in the dazzling ensemble, which featured a tiered floor-length tutu and a bodice adorned with sparkling jewels and feathers.

Showstopping: Penelope Cruz looked ethereal in a showstopping white chiffon evening gown as she graced the red carpet for the world premiere of Wasp Network at the 76th Venice Film Festival in Italy

Showstopping: Penelope Cruz looked ethereal in a showstopping white chiffon evening gown as she graced the red carpet for the world premiere of Wasp Network at the 76th Venice Film Festival in

Showing off her décolletage, the Oscar-winning actress looked incredible in the off-the-shoulder frock which cinched at her petite waist.

Upping the glamour, Penelope opted for teardrop silver earrings and a statement silver ring as she sashayed along the red carpet signing autographs for fans.

The Pain And Glory star accentuated her striking good looks with dramatic eye makeup, sweeping blusher, and a bold red lip.  

The actress wore her raven tresses in a chic up do, letting loose waves frame her face as she posed with her co-stars Edgar Ramirez, Gael Garcia Bernal, Wagner Moura and Leonardo Sbaraglia.

Dazzling: The frock featured a tiered floor-length tutu and a bodice adorned with sparkling jewels and feathers

Incredible ensemble: Penelope ensured all eyes were on her in the sensational gown

Ethereal: The Spanish actress, 45, ensured she stood out from the crowd in the dazzling ensemble, which featured a tiered floor-length tutu and a bodice adorned with sparkling jewels and feathers

Fashionista: Showing off her décolletage, the Oscar-winning Hollywood actress looked incredible in the off-the-shoulder frock which cinched at her petite waist

Fashionista: Showing off her décolletage, the Oscar-winning actress looked incredible in the off-the-shoulder frock which cinched at her petite waist

Penelope's new film spy thriller Wasp Network by Olivier Assayas is competing at this year's festival, which is inspired by The Cuban Five - officers who were convicted of a series of illegal activities. 

The story follows the five Cuban political prisoners who have been imprisoned by the US since the 1990s on charges of espionage and murder.

Earlier in the day, Penelope looked stunning in a Chanel silver checked jumpsuit as she strutted through the city's streets, later changing into a blue jewel encrusted mini dress to attend a photocall for the film. 

Style queen: Upping the glamour, Penelope opted for teardrop silver earrings and a statement silver ring as she sashayed along the red carpet

Style queen: Upping the glamour, Penelope opted for teardrop silver earrings and a statement silver ring as she sashayed along the red carpet

Star of the show: The actress wore her raven tresses in a chic up do, letting loose waves frame her face as she posed with her co-stars Edgar Ramirez, Gael Garcia Bernal, Wagner Moura and Leonardo Sbaraglia

Star of the show: The actress wore her raven tresses in a chic up do, letting loose waves frame her face as she posed with her co-stars Edgar Ramirez,

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