Tim McGraw and Kenny Chesney certainly had country music fans buzzing with excitement when they announced earlier this year that they were teaming up for a musical collaboration. Now, the hit, 'Feel Like a Rock Star,' has earned the duo the 2012 CMA Award for Musical Event of the Year.

The duo was up against the Lionel Richie/Darius Rucker duet, 'Stuck on You,' Taylor Swift's collaboration with the Civil Wars, 'Safe and Sound,' 'Dixie Highway' from Alan Jackson and Zac Brown Band, plus the multi-artist collaboration 'Roll Me Up and Smoke Me When I Die' featuring Willie Nelson, Snoop Dogg, Kris Kristofferson and Jamey Johnson.

Chesney and McGraw recently wrapped their Brothers of the Sun Tour, where the duo closed their concerts with a string of collaborations, often including Chesney's 'She Thinks My Tractor's Sexy,' McGraw's 'Indian Outlaw,' 'Feel Like a Rock Star' and a cover of Jackson Browne's 'Running on Empty.'