Bar Refaeli covers Sports Illustrated 2009 Swimsuit Issue

Bar Refaeli graces the cover of Sports Illustrated’s 2009 Swimsuit Issue.

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Wow! She’s sizzling hot!

The 23-year-old Israeli model in a multicolored string bikini covers the magazine next to the tease line “Bikinis or nothing.”

According to the New York Post, Bar was slated to come out on last year’s cover, but lost the slot to Marisa Miller because she blabbed too much about the deal.

Bar is currently dating Leonardo DiCaprio.

SI’s 2009 Swimsuit Issue is available today, February 10, 2009. Bar will be on the “Late Show with David Letterman” on Wednesday, Feb. 11th.