Pre heat your oven 350 degrees. Grease 2 9" cake pans and line them with parchment paper and set aside.

In a large bowl, sift together the flour, cocoa powder, baking powder, baking soda and salt, set aside.

In the bowl of a standing fitted with a paddle attachment, cream together the butter, sugar and vegetable oil.

Add the eggs and vanilla and cream them together until well combined.

In a measuring jug, mix together the buttermilk, vinegar and enough food coloring to get a deep red color.

Add the buttermilk mixture along with the dry ingredients and allow everything to mix together until you get a smooth batter.

Divide the batter evenly among the two baking pans, pop them in the oven and bake them for about 30 minutes or until cooked.

Allow the cakes to cool for about 15 minutes in the pans, take them out of the baking pans and allow them to cool completely on wire racks.

To make the frosting, in a large bowl, combine the whipping cream, vanilla and powdered sugar. Beat the whipping cream on a high speed till you reach soft peak stage. Then add the cream cheese and continue mixing on a lower speed till the cake is ready for frosting.

Once the cake is completely cooled down, you can start spreading the frosting on top of the 1st layer then the second layer. Continue till the cake is well-covered with frosting.