Sultry Shayk, a pouty-lipped, green-eyed model who has appeared in every SI swimsuit pictorial since 2007, makes her supersexy cover debut in a pink-and-yellow Sauvage by Elizabeth Southwood bikini and Ettika bracelet. Her tousled hair is done in beachy waves. What else?
The 24-year-old Shayk's pictorial, shot in Maui by Bjorn Iooss, propels her into an elite group of SI swimsuit cover girls, including "America's Next Top Model" creator Tyra Banks, "Project Runway" host Heidi Klum, entrepreneur Kathy Ireland, "Just Go With It" actress Brooklyn Decker, intimates designer Elle MacPherson, Marisa Miller and newly engaged Petra Nemcova.
Shayk's boyfriend bragging rights currently belong to studly-soccer star Christiano Ronaldo.
Shayk, who hails from a village so small it doesn't make most maps, is the first woman from Russia to front the issue, which was unveiled early today on "Late Night With David Letterman."
Photographer Iooss, son of legendary Sports Illustrated photographer Walter Iooss Jr., captured Shayk's "Paradise Found" cover image on his first shot for the swimsuit issue.
Joining Shayk in the issue is 2010 cover girl Decker, as well as some other familiar SI faces: Cintia Dicker, Jessica Gomes, Julie Henderson, Hilary Rhoda, Genevieve Morton, Chrissy Teigen, Anne V, Esti Ginzburg and Jessica White. The ladies are joined by newcomers including Alyssa Miller, Izabel Goulart, Kate Upton, Kenza Fourati and Shannan Click. (Check out four more images from inside the mag here, at Fanhouse.com.)
Reality fans will also want to take a peek at what else is inside this year's swimsuit issue: A Valentine's Day-themed group pictorial featuring recycled "The Bachelor" dude Brad Womack and some of his reality girlfriends; Chantal O'Brien, Ashley Hebert and newly eliminated Michelle Money.
And speaking of celebrities in swimwear: Check out our retrospective of some of the most iconic swimwear posers of all time.