The sisters showed off their sparkle in silver Versace gowns, with Serena, 40, donning a form-fitting cleavage-baring gown, and Venus, 41, showcasing her toned legs in a saucy number with waist-high side splits.

King Richard – the biographical drama film based on their lives – is nominated for best picture at the ceremony.

Magnificent: Serena Williams, 40, and Venus Williams, 41, looked magnificent as they stepped out on the red carpet at the 27th annual Critics Choice Awards on Sunday

Serena’s dazzling floor-length creation – which perfectly highlighted her toned arms – featured a beautiful long train.

The tennis superstar – who has won an astonishing 23 Grand Slam singles titles – accessorized the look with diamond bracelets and lovely drop earrings.

She wore her brown tresses parted on the side and in a chic shoulder-length bob style.

Wow! The sisters showed off their sparkle in silver Versace gowns, with Serena, 40, donning a form-fitting gown, and Venus, 41, showcasing her toned legs with a saucy split

As for glam, the athlete went with a well defined-brow, bronze eyeshadow and light pink lipstick.

Serena also took to her Instagram Stories earlier in the day to show off the stunning dress.

Meanwhile her sister showcased her ample cleavage with a deep v-cut in her dress, which was cinched in at the waist.

She paired the stylish ensemble with silver high heels and a sparkly silver clutch. Her long black tresses were parted in the middle and worn down in a sleek style.

Hourglass curves: Serena’s dazzling floor-length creation – which perfectly highlighted her toned arms – featured a beautiful long train

She’s got the spark! The tennis superstar accessorized the look with diamond bracelets and lovely drop earrings

Beauty: Serena also took to her Instagram Stories earlier in the day to show off the stunning dress

The famous sisters received a standing ovation as they stepped onto the stage inside to present the award for Best Drama Series to the cast of Succession.

The athletic duo flashed bright smiles for the warm welcome as their crystal gowns sparkled in the spotlight.

Other members of the King Richard cast on the red carpet included Will Smith, who won the award for best actor for portraying the tennis superstars’ father, Richard Williams, in the film.

The actor, 53, looked dapper in a black suit with a brown vest, which he paired with a matching brown and black tie.

Always keeping it classy, he sported a pair of sleek black dress shoes for the occasion.

Standing ovation: The famous sisters received a standing ovation as they stepped onto the stage inside to present the award for Best Drama Series to the cast of Succession

Crystal dreams: The athletic duo flashed bright smiles for the warm welcome as their crystal gowns sparkled in the spotlight

The superstar was joined by his wife, Jada Pinkett Smith, 50, who looked stunning in a strapless gold gown.

The Matrix actress sported a shaved-head for the event, and paired her edgy yet classic look with a unique diamond head accessory.

Another beauty from the cast was Saniyya Sidney, 15, who played young Venus Williams in the film.

Winner: Will Smith, who won the award for best actor for portraying the tennis superstars’ father, Richard Williams, in the film, looked dapper in a black suit with a brown vest

Family affair: The superstar was joined by his wife, Jada Pinkett Smith, 50, who looked stunning in a strapless gold gown

Edgy: The Matrix actress sported a shaved-head for the event, and paired her edgy yet classic look with a unique diamond head accessory

The young actress wore a sensational one-shoulder pink gown, which she paired with elaborate earrings, and silver rings.

Her lovely raven tresses were parted on the side and curled into dreamy loose waves cascading down her back and shoulder.

In terms of glam she went with a gold eyeshadow and a pop of color with her red lipstick.

In pink: Another beauty from the cast was Saniyya Sidney, 15, who played young Venus Williams in the film

Beauty: The young actress wore a sensational one-shoulder pink gown, which she paired with elaborate earrings, and silver rings

Young Serena: Demi Singleton, 15, who portrayed young Serena Williams, sported a beaded black creation, with a large bright pink bow, and pointed toe black heels

Demi Singleton, 15, who portrayed young Serena Williams, sported a beaded black creation, with a large bright pink bow, and pointed toe black heels.

Layla Crawford looked magnificent in an iridescent long-sleeve purple dress and black heels.

The actress played Lyndrea Price, who is the sister of the famous tennis duo.

Aunjanue Ellis, 53, was a showstopper in a pink sequin gown with a mesh neckline. She paired the lovely look with a golden braid atop her head.

Iridescent: Layla Crawford looked magnificent in an iridescent long-sleeve purple dress and black heels

Showstopper: Aunjanue Ellis, 53, was a showstopper in a pink sequin gown with a mesh neckline. She paired the lovely look with a golden braid atop her head

The actress recently received her very first Oscar nomination for playing Oracene Price, the mother of the tennis icons.

Tony Goldwyn, 61, who played Venus and Serena’s tennis coach Paul Cohen, looked dapper in a velvet tuxedo with a black bow tie.

Meanwhile Jon Bernthal, 45, who played their long-term coach Rick Macci, looked sharp in a striped suit and had his voluminous black hair gelled back.

Sharp: Tony Goldwyn, 61, who played Venus and Serena’s tennis coach Paul Cohen, looked dapper in a velvet tuxedo with a black bow tie

Sharp:  Jon Bernthal, 45, who played their long-term coach Rick Macci, looked sharp in a striped suit and had his voluminous black hair gelled back

All together: Inside the event Venus and Serena sat next to their sister Isha Price, as the trio posed with Will, Saniyya, and Singleton

Inside the event Venus and Serena sat next to their sister Isha Price, as the trio posed with Will, Saniyya, and Singleton

The sisters are both executive producers on the film. Serena spoke about how much the film meant to her in a 2021 interview with Forbes.

‘I think it was a great opportunity to see how amazing African-American fathers are. A lot of Black men aren’t seen in that light. And a lot of people think that my dad was a different character. He wanted us to have fun first over anything. That’s the thing that I loved most,’ she revealed.

King Richard is also nominated for an Oscar for Best Picture at the upcoming 94th Academy Awards.

Up for Best Picture: King Richard – the biographical drama film based on the lives of Serena and Venus and their father Richard Williams – is nominated for best picture at the ceremony