Elton John is gearing up for his annual Oscar viewing party, which benefits his AIDS Foundation.  The event will be held Sunday, March 2 — Oscar night — at West Hollywood Park in Los Angeles.

As always, John and his partner, David Furnish, will host the bash, which will feature dinner, a live auction and a special musical performance.  Chef Gordon Ramsay has designed the menu for the evening’s dinner, which guests will enjoy while watching 86th Annual Academy Awards on ABC.

According to LA.com, the 1,000 guests at the bash will feast on prime New York steak, citrus-poached sea bass and portobello mushroom with asparagus and sun-dried tomatoes, as well as six different hors d’oeuvres, plus tuna or tomato confit tartare, corn soup with fritters and chipotle creme fraiche, salads with mustard vinaigrette, assorted fresh fruits and Meyer lemon cake for dessert.

The co-chairs for this year’s event include Steven Tyler, Sharon and Ozzy Osbourne, Quincy Jones, Katy Perry, Neil Patrick Harris, Nicole Kidman and Keith Urban, Heidi Klum, Jared Leto, Anna Paquin and Stephen Moyer, Sharon Stone and many other big stars, all of whom are expected to show up on the night in question.  Tyler even auctioned off a chance to join him at his table at the party, and as part of the night’s silent auction, he’ll also offer a seven-day stay at his place in Hawaii.  Another star also planning to attend the bash is John’s longtime friend and fan Ann Wilson of Heart.

Young British pop star Ed Sheeran will be the evening’s entertainment at the party, which isn’t surprising, considering he’s managed by Elton’s company, Rocket Music.  The two men also duetted at the Grammy Awards in 2013.  Describing the best piece of advice that John has given him, Ed told ABC News Radio that it was to “trust [your record] label, as long as you’re in a position where you control the artistic element.”  He also said that Elton told him to trust that everyone on his team “knows what they’re doing, and if they’re telling you to do something, you should do it.”

Over the past 22 years, John’s Oscar party has raised nearly $40 million for the Elton John AIDS Foundation.

By the way, Elton’s frenemy Madonna also is throwing an Oscar party, sponsored by Gucci.  According to Variety, guests are expected to include Leonardo DiCaprio, Sandra Bullock and Christian Bale, as well as the Queen of Pop’s close personal friends.

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