Penelope Cruz Presents Carpisa at Italian Embassy in MadridPenelope Cruz, is that you under that blonde wig?

The first image of the actress as designer Donatella Versace in "The Assassination of Gianni Versace: American Crime Story" debuted at Entertainment Weekly.

Cruz is sporting Donatella's famous long, platinum blonde hair and a hot pink satin gown, as well as sky-high stilettos. She's lounging by the pool at Villa Casa Casuarina, Gianni's Miami mansion, and flanked by two very ripped guys wearing barely-there swim briefs. Part of the show was filmed at the villa, which is now a restaurant and suites.

"The Assassination of Gianni Versace" follows the FX anthology series' Emmy-winning "People v. O.J. Simpson." It stars Edgar Ramirez as Gianni, Ricky Martin as Gianni's longtime partner Antonio D'Amico, and Darren Criss as killer Andrew Cunanan. It's expected to air sometime in 2018.

"American Crime Story" is also working on Season 3, which is set during and after Hurricane Katrina and stars Annette Bening, Matthew Broderick, and Dennis Quaid.