Dannielynn Birkhead is growing up gorgeous.

The daughter of the late Anna Nicole Smith and Larry Birkhead made an appearance at the Kentucky Derby on Saturday in Louisville, Ky. -- an annual tradition for the father and daughter -- looking quite the little lady. Now eight years old, Dannielynn was adorable in a pink Monsoon dress adorned with roses, matching sandals and a floral headband, and clutched a bedazzled silver bag on the red carpet.

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The annual horse race is an especially sentimental event for Dannielynn and Larry, given that Larry first met Anna Nicole at a Kentucky Derby party in May 2004.

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In August 2013, Larry talked to OWN about raising their daughter as a single dad.

"Sometimes she wants to put makeup on me, or fingernail polish or whatever, and I try to go along with it 'cause I figure if her mom were here, she would be doing some of the same things," Larry shared.

"Dannielynn knows that there's this curiosity factor," he added about her comprehension of fame, "because of who her mom was, and that she's famous and that people want to know about her."

VIDEO: Inside Dannielynn Birkhead's World

In February 2013, Dannielynn made headlines modeling for Guess, just like her late mother. 

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