I know this is old, but I'm just now watching Tori and Dean: Inn Love, Tori Spelling and Dean McDermott's reality show, and I watched the episode where they make red velvet cupcakes.
And here's the recipe (via)
From Tori & Dean's official myspace bulliten:
RED VELVET CUPCAKE RECIPE
I've gotten many requests for the Red Velvet Cupcake recipe, so here it is! ENJOY!:
2 1/2 cup all purpose flour
1/2 cup unsalted butter softened
1 1/2 cup sugar
1 teaspoon salt
2 1/2 tablespoon cocoa powder
2 ounces red food coloring
1 cup buttermilk
1 teaspoon baking soda
1 teaspoon white vinegar
CREAM CHEESE FROSTING:
1 (8oz) package cream cheese
1/2 cup unsalted butter
1 1/2 cup powdered sugar
1 teaspoon vanilla extract
--pre heat oven to 350
--grease 12 cupcake cups or line with paper liners
--cream softened butter and sugar together till fluffy
--add eggs and blend well
--in seperate small bowl combine cocoa and food coloring and stir. Once you have thick paste then add to mixture.
--sift salt and flour together into mixture
--add vanilla, buttermilk, and water to mixture
--in seperate small bowl combine vinegar and baking soda. Fold into cake mixture
--pour mixture into cupcake cups.
--bake 15 to 20 minutes or until a wood toothpick inserted into middle of cupcake comes out clean.
--let cool for 10 minutes. Then turn out onto rack and let finish cooling.
--blend together cream cheese softened and butter softened.
--add powder sugar and vanilla extract
--blend till smooth