It is rare for a film to dominate the technical and acting categories but lose the top prize. 'Cabaret' (1972) holds the record for winning the most Oscars (8) without winning Best Picture. It won for Best Director, Best Actress, and Best Supporting Actor, among others, but ultimately lost Best Picture to 'The Godfather.' This highlights years where two all-time masterpieces compete, forcing the Academy to split the honors.