This caramel red velvet cake is a decadent twist on a classic red velvet cake. The cake is moist and chocolate-y, and the caramel frosting is rich and buttery. The red velvet cake is made with cocoa powder and buttermilk for added flavor and moisture. The caramel sauce is made by cooking sugar until it turns a deep amber color, then adding cream and butter. The result is a rich and buttery caramel sauce that pairs perfectly with the red velvet cake. This cake is perfect for any special occasion.