This red velvet caramel cake recipe is perfect for a special occasion. The cake is made with flour, sugar, cocoa powder, baking powder, salt, eggs, milk, vanilla extract, and red food coloring. The frosting is made with cream cheese, butter, powdered sugar, and caramel sauce. To make the caramel sauce, you'll need sugar, heavy cream, butter, and vanilla extract. The cake is moist and chocolatey, and the caramel frosting adds a rich and buttery flavor. This cake is perfect for a birthday or any special occasion.