As of 5 p.m. PT, Oscar nomination voting is officially closed.
Multiple conversations with Academy voters all throughout this week have revealed a race far more unpredictable than the punditsā consensus suggests. While some categories appear locked, others are poised for the kind of upheaval we havenāt seen since 2003, when āThe Lord of the Rings: Return of the Kingā dominated, but nominations surprised across multiple categories, such as Keisha Castle-Hughes, Samantha Morton, Djimon Hounsou, Shohreh Aghdashloo and Marcia Gay Harden, along with a rare lone director nomination for another Brazilian auteur, Fernando Meirelles).
Here are some of the revelations learned this week from voters:

The āF1ā factor
Joseph Kosinskiās āF1ā from Apple Original Films is very well-liked among voters and feels like a viable entry in the best picture race. The old Academy guard loves it. Voters repeatedly describe it as āgreatā and āgood old-school entertainment,ā the kind of movie that could easily claim one of the 10 best picture slots despite a solid, albeit not overtly passionate, critical reception. Donāt underestimate the power of the older voters who built this industry. This Brad Pitt and Damson Idris vehicle could zoom into the race, also given it has support to land three tech noms such as film editing, sound and visual effects and mimic a previous contender like āFord v Ferrariā (2019).
āI fucking love that movie,ā one anonymous voter of the Producers Branch says.
Think of it like ācomfort foodā with AMPAS members.

Neon
The International Film Split
The international enthusiasm is genuine, but itās also fractured. Neon has flooded the zone with non-English-language films, creating an unexpected problem: vote splitting.
Norwayās āSentimental Value,ā Brazilās āThe Secret Agent,ā South Koreaās āNo Other Choiceā and Franceās āIt Was Just an Accidentā all have aspirations beyond the international feature category, particularly in best picture. More importantly, they are vying for attention from voters who frankly donāt watch as many movies as industry insiders assume.
āSentimental Valueā is undoubtedly the priority watch among the titles, sailing toward multiple nominations, including best picture, possibly director, and three or four acting nods. But hereās the revelation that matters: āIt Was Just an Accident,ā while admired and respected, may not have the broad support to crack picture, director or screenplay. Some conversations with voters also suggest it could be one of the big snubs of the day, including in international feature, where the race is surprisingly competitive.
āThat movie [āIt Was Just an Accidentā] never came up in my algorithm,ā one voter admits. āI donāt know what that is.ā
Tunisiaās āThe Voice of Hind Rajabā has considerable support. Also watch for āKukohoā from Japan, āThe Presidentās Cakeā from Iraq, Switzerlandās āLate Shift,ā Taiwanās āLeft Handed Girlā (co-written by last yearās four-time Oscar winner Sean Baker) and Germanyās āSound of Falling.ā

āOne Battle After Anotherā
©Warner Bros/Courtesy Everett C
Why the surplus rule could decide the director race.
This yearās director race may be decided less by passion and more by mathematics.
Under the Academyās preferential nomination system, voters rank their choices. Once ballots are cast, a āmagic numberā ā the quota required to secure a nomination ā is calculated. For most categories, that number is determined by dividing the total ballots by six and adding one. For the best picture category, itās the total ballots divided by 11, plus one.
Hereās where the surplus rule comes in.
If a contender receives significantly more votes than needed to hit that quota, those extra votes are not discarded. Instead, they are redistributed ā at a reduced, fractional value ā to the voterās second choice (or third, if the second choice is already safe). In best picture, this redistribution is triggered when a film receives 10% more than the quota; in other categories, itās triggered at 20%.
The goal is to prevent wasted votes and reward consensus.
This is why Paul Thomas Andersonās strength could quietly reshape the director lineup beneath him. If Anderson overwhelmingly clears the quota (which many think he might), his surplus votes could be redistributed across secondary choices ā and those choices are not uniform. Some Anderson voters lean toward Josh Safdie, others toward Guillermo del Toro, Joachim Trier or Ryan Coogler.
āI love Guillermo,ā one voter declares. āIāll vote for him every time, no matter what.ā
I have found that a āOne Battle After Anotherā voter tends to be a āMarty Supremeā voter, but what is clear is that loving āOne Battleā does not automatically translate to voting for Safdie. That fragmentation makes the director race unusually fluid and dangerously close.
This may be one of the tightest director lineups in years.

sabrina lantos
Lucky number seven in best actor, but which will be the luckier five?
Best actor appears to be a genuine toss-up between TimothĆ©e Chalamet, Leonardo DiCaprio, Ethan Hawke, Michael B. Jordan, Wagner Moura, Jesse Plemons and a potential surprise in Joel Edgerton for āTrain Dreams.ā
The key factor isnāt always the performance itself but the movieās overall strength and what I call ācoattail votes.ā If Emma Stone ranks high among best actress voters, Jesse Plemons benefits from voters who put both on their ballots. Ethan Hawke enjoys similar advantages, given his popularity within the Actors Branch and his filmās likely original screenplay nomination (and even a potential surprise in best picture), which could even help it snag the last best picture slot.
āThat is my favorite movie of the year,ā one artisan branch member tells Variety about Richard Linklaterās āBlue Moon.ā āI donāt know how you donāt vote for Ethan Hawke and Andrew Scott.ā
Wagner Moura won the Golden Globe for best actor (drama) at the perfect moment. I know many feel like his trajectory (along with the film) is mimicking Fernanda Torres and āIām Still Hereā last season. However, based on current voter sentiment, Moura feels far more vulnerable than Torres did at this stage.
Michael B. Jordan in āSinnersā has landed all the essential nominations he needs, but I would be lying if I didnāt say I wonāt feel secure about his inaugural Oscar bid until the names are read. Based on the feedback from voters and strategists, he seems to be in.
Then thereās Joel Edgerton for āTrain Dreams,ā whose support may have quietly grown if the film overperforms down the ballot.

āBugoniaā
©Focus Features/Courtesy Everett Collection
Best Actress is the category most likely to implode
Best actress has the most potential for a complete facelift. I feel secure declaring only one lock: Jessie Buckley for āHamnet.ā
Emma Stone (āBugoniaā) has entered what Iām casually referring to as her āCate Blanchett-eraā ā a phase in which her respect and love carry enormous weight, even without having to campaign. Renate Reinsve (āSentimental Valueā) benefits from international support and overlaps with voters backing Stellan SkarsgĆ„rd and Inga Ibsdotter Lilleaas.
Kate Hudson (āSong Sung Blueā) is walking into next week with The Actor Awards and Golden Globe nominations, along with the support of her very well-liked parents, Kurt Russell and Goldie Hawn. The legendary Hollywood couple have been stumping for her the past few weeks and have helped make her a viable contender.
Then thereās Chase Infiniti from āOne Battle After Another,ā the newest and least well-known name of the group. She could suffer a shocking miss that would mimic Richard Gere in āChicagoā or Joseph Fiennes in āShakespeare in Love,ā only to be forgotten despite being in the best picture winner.
That leaves a couple of potential candidates whose names came up with a few voters, such as Amanda Seyfried (āThe Testament of Ann Leeā), Tessa Thompson (āHeddaā), and maybe even Eva Victor (āSorry, Babyā).
āEven though I didnāt really like the movie,ā one voter say regarding āThe Testament of Ann Leeā and her performance in Mona Fastvoldās drama, āI thought Amanda was astounding, and I havenāt seen a better performance this year.ā
Long story short, I donāt know where we end up on this one. Itās easy to follow the tea leaves. Itās harder to pick out potential cracks that could emerge.

Courtesy of Netflix
Documentary and international races are a trap.
Documentary Feature remains one of the most unpredictable categories, with voters acknowledging a pattern of snubbing presumed frontrunners. Admired films like āThe Perfect Neighbor,ā āThe Alabama Solution,ā or ā2000 Meters to Andriivkaā may still be vulnerable, particularly with an increasingly international voting body.
International Feature is just as treacherous. Beyond the expected titles, there is genuine enthusiasm for films from Tunisia, Japan, Iraq, Taiwan, Germany and Switzerland ā several of which voters describe as personal discoveries rather than consensus picks.

Gwyneth Paltrow in āMarty Supremeā
Supporting Categories: Safe and Surprising
Probable supporting actor noms include Benicio del Toro and Sean Penn from āOne Battle After Another,ā Jacob Elordi from āFrankenstein,ā Paul Mescal from āHamnet,ā and Stellan SkarsgĆ„rd from āSentimental Value.ā Andrew Scott for āBlue Moonā has support but no clear path to replacing anyone. Watch for Miles Caton from āSinnersā or a Delroy Lindo surprise, similar to the Judd Hirsch/Paul Dano swap we saw with āThe Fabelmans.ā
Supporting actresses feel safer with Amy Madigan (āWeaponsā), Teyana Taylor (āOne Battle After Anotherā) and Wunmi Mosaku (āSinnersā) the most likely to score nominations. āSentimental Valueā discovery Inga Ibsdotter Lilleaas is most viable from her film, while Elle Fanning may narrowly miss (yet again) after last yearās snub for āA Complete Unknown.ā
Ariana Grande for āWicked: For Goodā feels solid given her Globe, SAG and BAFTA shortlist. If thereās a surprise, Odessa Aāzion (āMarty Supremeā) from the SAG lineup could appear, or even her co-star Gwyneth Paltrow as a replacement nominee, given her Oscar-winning status, much like Judi Dench replaced Caitriona Balfe from āBelfast.ā

āHamnetā
©Focus Features/Courtesy Everett Collection
The artisans have the wildcards
āSinnersā could make history with its nominations totals, especially if it picks up two original song nominations for āI Lied to Youā and āLast Time (I Seen the Sun).ā Netflixās āTrain Dreamsā might score in score or song given the love for the movie, but did enough voters get to it in time? āWicked: For Goodā could emulate āBlack Panther: Wakanda Foreverā with an acting nomination and a couple of tech nods, and the Stephen Schwartz factor is something to consider for music categories.
āHamnetā missed both the American Society of Cinematographers and the British Society of Cinematographers nominations, which could signal a potential miss on Oscar morning. Meanwhile, Darius Khondjiās legendary status helps āMarty Supremeā as a potential for cinematography.
James Vanderbiltās āNurembergā has considerable support that many arenāt currently clocking. That could translate into nominations for costume design, original score, adapted screenplay, and perhaps even picture.

So what does it look like on Oscar nomination morning?
Two potentials are out there.
Itās business as usual. Go with the precursor clues, and youāll likely score 80% in your predictions.
Orā¦
We could be heading for a 2003-style upset year. That year, despite āThe Lord of the Rings: Return of the Kingā dominating, we saw Fernando Meirelles nominated for his beloved Brazilian film āCity of God,ā Jude Law nominated for best actor for āCold Mountainā after missing SAG, and a complete upheaval in the best actress category. Charlize Theron and Diane Keaton were joined by Naomi Watts for ā21 Grams,ā Keisha Castle-Hughes (who switched from supporting to lead for āWhale Riderā) and Samantha Morton for āIn Americaā with zero precursor support.
Those nominations replaced presumed locks like Scarlett Johansson (campaigning in supporting but kept appearing in lead categories for āLost in Translationā), Evan Rachel Wood for āThirteen,ā and Nicole Kidman for āCold Mountain,ā coming right after her Oscar win for āThe Hours.ā
Varietyās final predictions drop next week before nominations are announced Jan. 22.
Based on what voters are actually saying, chaos feels inevitable. Below are five of the most interesting best picture ballots that were shared with me by anonymous Oscar voters.

āSpringsteen: Deliver Me From Nowhereā
©20th Century Studios/Courtesy
Voter #1 (Artisan Branch Member)
- āBlue Moonā
- āTrain Dreamsā
- āSpringsteen: Deliver Me From Nowhereā
- āMarty Supremeā
- āNurembergā
- āOne Battle After Anotherā
- āWicked: For Goodā
- āElla McCayā
- āHamnetā
- āNouvelle Vagueā
Voter #2 (Acting Branch Voter)
Actor in a Leading Role
- Leonardo DiCaprio, āOne Battle After Anotherā
- TimothĆ©e Chalamet, āMarty Supremeā
- Jesse Plemons, āBugoniaā
- Hugh Jackman, āSong Sung Blueā
- George Clooney, āJay Kellyā
Actress in a Leading Role
- Kate Hudson, āSong Sung Blueā
- Rose Byrne, āIf I Had Legs Iād Kick Youā
- Jennifer Lawrence, āDie My Loveā
- Emma Stone, āBugoniaā
- Ariana Grande, āWicked: For Goodā
Voter #3: (Producers Branch Voter)
- āSinnersā
- āWake Up Dead Manā
- āWeaponsā
- āHamnetā
- āSentimental Valueā
- āF1ā
- āFrankensteinā
- āRental Familyā
- āWarfareā
- āMarty Supremeā
Voter #4 (Costume Branch)
- āNouvelle Vagueā
- āNurembergā
- āSinnersā
- āBugoniaā
- āFrankensteinā
Voter #5 (Executives Branch)
- āTrain Dreamsā
- āBugoniaā
- āOne Battle After Anotherā
- āSinnersā
- āMarty Supremeā
- āThe Lost Busā
- āSentimental Valueā
- āA House of Dynamiteā
- āBlack Bagā
- āThe Secret Agentā