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Elton vs. Madonna: The fight continues!

Elton John was livid that Madonna decided to throw a last minute Oscar party, sources reveal.

With Vanity Fair canceling their annual soirée, usually the must attend soirée, Elton’s bash was poised to be THE party of the Academy Awards this year.

And then Madonna had to go and muck everything up for Sir Elton!

John’s party drew a crowd of B and C-lister, like J.C. Chasez, Lionel Richie, Simon Cowell, Larry King and Sean Penn, who obviously wasn’t at Madge’s soiree.

Madonna’s big bash, by comparison, was a star studded A-list affair. Seen: Tom Cruise & Katie Holmes, Cameron Diaz, Demi & Ashton, Drew Barrymore, Owen Wilson and Penelope Cruz - just to name a few.

Plus, M’s party was thrown together in a matter of days.

“Elton DESPISES Madonna and this has made things way worse,” a source reveals.

Meow!

Who do you think would win if Madge and Elton were to throwdown? My money would be on Madonna. She exercises like a lunatic and is probably freakishly strong.