Elton John teams up with country music icon Dolly Parton for an upcoming new song

Music legends Elton John and Dolly Parton are teaming up for the first time to release an upcoming song together.

At an Oscars viewing party hosted by his eponymous AIDS foundation, the 75-year-old Tiny Dancer crooner reportedly revealed the big news — that he’d already created a new song with the country singer, 77.

The Your Song hitmaker apparently told partygoers attending his star-studded bash that their song is coming soon.

“Elton is a huge fan of Dolly,” a source told The Sun. “She’s a gay icon, after all.”

An official release date for the new song has not yet been announced, but their collaboration is expected later this year.

At an Oscars viewing party hosted by his eponymous AIDS foundation, Elton John, 75, reportedly revealed the big news — that he’d already created a new song with Dolly Parton, 77

The insider also revealed that as soon as Elton heard Dolly wanted to work with him, he jumped at the chance.

“He heard she wanted to work with him and jumped at the opportunity,” they said.

The source also added, “Elton loves collaborating and who better to do that with than a bona fide music legend?”

They are rumored to have teamed up to remix a version of Elton’s 1974 hit single, Don’t Let The Sun Go Down On Me.

Earlier, Dolly said she wanted Elton to appear on her upcoming album of rock covers.

While appearing on the BBC The Zoe Ball Breakfast ShowParton confirmed she would be doing a cover of Elton’s song and had contacted him for a duet.

“I just recorded for my rock album and I did [Elton’s] song Don’t Let The Sun Go Down On Me,” Parton said.

“And I sent a message asking if he would like to sing with me on it and possibly play the piano,” she added.

She also encouraged people from Elton’s inner circle to pass on a message: “So if you guys get to see him, say Dolly wants you to sing on her record!”

“So anyway — but I love him — just tell him to enjoy it because it was a lot of fun for me,” she said.

In an interview with USA today, she revealed that her double album will be titled ‘Rock Star’. “An ironic title,” she said, noting that the 28-song album is expected in late summer or early fall.

When asked how far along she was with the album at the time of the article’s publication in January, she said it’s one not to be missed full of musical icons.

Upcoming Collaboration: The Your Song hitmaker apparently told partygoers attending his star-studded bash that their song is coming soon

Duet: Previously, Dolly said she wanted Elton to appear on her upcoming album of rock covers

Coming Soon: In an interview with USA Today, she revealed that her double album will be titled ‘Rock Star’. “An ironic title,” she said, noting that the 28-song album is expected in late summer or early fall.

‘I’ve got Elton [John] and Paul McCartney on it,” she replied. ‘Stevie [Nicks] and I just did our song together a few days ago.

‘Miley [Cyrus]John Fogerty, Joan Jett, Pink, Brandi Carlile,” she added.

“We have a lot of iconic artists singing a lot of iconic songs,” Dolly continued. “Hopefully we get Annie Lennox — she and Cher do it [Eurythmics’ song] Sweet dreams are made of this.

“There are some covers and some of the big artists also sing on my originals,” she teased.