Step 1

Preheat the oven to 350F degrees.

Step 2

Grease and lightly flour a 9x13 inch baking pan.

Step 3

Sift together the flour, cocoa, baking soda and salt. Whisk gently to combine

Step 4

In a separate large bowl beat together the butter and sugar until fluffy.

Step 5

Beat in the oil, followed by the eggs, vanilla extract & red food coloring.

Step 6

Beat in the flour mixture into the butter mixture about 1/3 at a time, alternating with about 1/3 of the buttermilk. Turn off the mixer and scrape down the sides of the bowl as needed.

Step 7

Beat in the vinegar.

Step 8

Pour the batter into the prepared pan and bake for 30-35 minutes, or until an inserted toothpick comes out clean.

Step 9

In a large bowl beat the butter until soft.

Step 10

Beat in the cream cheese.

Step 11

Add in the vanilla extract and salt.

Step 12

Mix in the powdered sugar about 1 cup at a time until the desired sweetness is reached. If the frosting seems too thick or sweet, mix in a little cream 1 tablespoon at a time.

Step 13

Frost the cooled cake, and optionally decorate with sprinkles.