Livvy Dunne is ready to watch some horses run around ... and she's looking damn cute in the process!!
The Kentucky Oaks are going on at Churchill Downs on Friday ... and the recently retired LSU gymnast couldn't wait 'til Saturday's Derby to get in on all the fun.
The all-pink 'fit -- including a nice hat to top it all off -- was very fitting for the Oaks Day Survivors Parade honoring breast and ovarian cancer survivors.