Shevchenko, 35, was on a nine-fight win streak and seen as one of the most dominant champions in the UFC, until Grasso shocked the Kyrgyzstani fighter in March.
She will bid to retain the gold against Shevchenko on Saturday, as the pair headline a Fight Night event in Las Vegas – marking a rare move for the UFC, which typically saves title bouts for pay-per-views.
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When is the event?
This week’s UFC Fight Night will take place on Saturday 16 September, at the T-Mobile Arena in Las Vegas.
The prelims are set to begin at 12am BST on Sunday 17 September (4pm PT, 6pm CT, 7pm ET on Saturday), with the main card following at 3am BST (7pm PT, 9pm CT, 10pm ET on Saturday).
How can I watch it?
The card will air live on TNT Sports in the UK, with the broadcaster’s app and website also streaming the fights.
In the US, ESPN+ will stream the action live, as will the UFC’s Fight Pass.
If you’re travelling abroad and want to watch the event, you might need a VPN to unblock your streaming app. Our VPN round-up is here to help and includes deals on VPNs in the market. Viewers using a VPN need to make sure that they comply with any local regulations where they are and also with the terms of their service provider.
Grasso – 13/10
Shevchenko – 8/13
Full card (subject to change)
Alexa Grasso (C) vs Valentina Shevchenko 2 (women’s flyweight title)
Kevin Holland vs Jack Della Maddalena (welterweight)
Raul Rosas Jr vs Terrence Mitchell (bantamweight)
Daniel Zellhuber vs Christos Giagos (lightweight)
Fernando Padilla vs Kyle Nelson (featherweight)
Loopy Godinez vs Elise Reed (women’s strawweight)
Roman Kopylov vs Josh Fremd (middleweight)
Edgar Chairez vs Daniel Lacerda (flyweight)
Tracy Cortez vs Jasmine Jasudavicius (women’s flyweight)
Natan Levy vs Alex Reyes (lightweight)
Josefine Knutsson vs Marnic Mann (women’s strawweight)