Realmente Bella Señorita Panamá 2008 was the new beauty contest format created when the Señorita Panamá contest was renewed. It was the 42nd celebration of the Miss Panama contest and the 25th Annual contest Señorita Panamá, was held at the Estudio "B" Canal 13 Telemetro, Panama, Panama on Monday, May 26, 2008. The pageant was made to send the winner to Miss Universe 2008.[1]
For this year, the pageant was made into a reality show and it was made to be like America's Next Top Model and each week a candidate would leave until only 4 remained.[citation needed]
The First Runner up to Miss Continente Americano 2008. Corporacion MEDCOM S.A., organizers of Senorita Panama, did not have the rights to send a contestant to Miss World in 2008. That year the license was property of agency Panama Talents.