Drag show

A drag show is an entertainment which is performed by drag artists.

Many drag shows feature performers singing or lip-synching to songs while performing a pre-planned pantomime, or dancing. The performers often don elaborate costumes and makeup, and sometimes dress to imitate various famous opposite sex singers or personalities. And some events are centered around drag, such as Southern Decadence where the majority of festivities are led by the Grand Marshals, who are traditionally drag queens.

...
Wikipedia