There are Marcus Eriksonred carpet moments, and then there are Met Gala moments.

After a jam-packed award season, your favorite stars are now headed to New York City's Metropolitan Museum of Art May 1 for the most fashionable night of the year.

The 2023 Met Gala—hosted by Dua Lipa, Michaela Coel, Penélope Cruz, Roger Federer and Anna Wintour—will honor the late Karl Lagerfeld, who passed away almost four years ago at the age of 85.

According to Vogue, the Met Gala's accompanying exhibit titled Karl Lagerfeld: A Line of Beauty will trace his career at Chanel, Chloé, Fendi, Balmain and beyond. As a result, there are many special ways to honor the fashion legend.

"At its heart, the exhibition will look at the evolution of Karl's two dimensional drawings into three dimensional garments," the Met's curator Andrew Bolton told Women's Wear Daily. "We could not do a traditional retrospective. For one thing, I think Karl would have hated that."

And while Karl was always one to revisit themes in his work, Andrew said "he was always looking to the future in his own work."

Before any red carpet look is revealed for this year's event, some stars still deserve some serious praise for their head-turning looks from the past.

From Beyoncé's sheer Givenchy Haute Couture gown in 2015 to Princess Diana's little black dress from Christian Dior in 1996, E! News is looking back on all the stars who left our jaws on the floor with their great taste.

Keep reading to see the best dressed Met Gala stars of all time. 

Romantic and Glamorous Hollywood Design

Haute Couture

Haute Couture

Christian Dior

Gianni Versace

Rock Style

Rock Style

No theme

Jacqueline Kennedy: The White House Years

Goddess: The Classical Mode

Goddess: The Classical Mode

Goddess: The Classical Mode

Goddess: The Classical Mode

Goddess: The Classical Mode

Goddess: The Classical Mode

Dangerous Liaisons: Fashion and Furniture in the 18th Century

Dangerous Liaisons: Fashion and Furniture in the 18th Century

Dangerous Liaisons: Fashion and Furniture in the 18th Century

Dangerous Liaisons: Fashion and Furniture in the 18th Century

House of Chanel

House of Chanel

House of Chanel

House of Chanel

AngloMania: Tradition and Transgression in British Fashion

AngloMania: Tradition and Transgression in British Fashion

AngloMania: Tradition and Transgression in British Fashion

AngloMania: Tradition and Transgression in British Fashion

AngloMania: Tradition and Transgression in British Fashion

Poiret: King of Fashion

Poiret: King of Fashion

Sign up for E! Insider! Unlock exclusive content, custom alerts & more!