Gold Derby editors and Experts Christopher Rosen and Joyce Eng look back at the 54th Academy Awards in 1982 when Warren Beatty's "Reds" entered the night with 12 nominations and looked poised to win Best Picture... until it didn't, and "Chariots of Fire" raced to the gold.

Timestamps:
Intro (0:00)
Our favorite films of 1981 (2:09)
Ceremony thoughts (14:11)
Best Picture (26:49)
Best Director (45:42)
Best Actor (52:28)
Best Actress (1:06:49)
Best Supporting Actor (1:16:42)
Best Supporting Actress (1:21:04)
Screenplay awards (1:25:06)
Other categories (1:26:33)

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