Mr. Velasquez, you are the new UFC Heavyweight Champion.

Besides a stacked card and pay-per-view (PPV) draw Brock Lesnar, a big selling point for UFC 121 was that Cain Velasquez would get a chance to make history and become the first Mexican heavyweight champion.

Velasquez did just that at the Honda Center in Anaheim, California.

The fight started off in explosive fashion. Lesnar immediately went for the takedown on Velasquez, but couldn't hold it. Lesnar then threw a knee that led to an exciting exchange between the two heavyweight gladiators.

The champion ate a few shots and eventually lost his balance, stumbling across the Octagon. That's when his undefeated challenger smelled blood in the water.

What followed next spelled the end of Lesnar's title reign. 

Velasquez unloaded on Lesnar, dropping the champion and continuing the onslaught on the ground. Referee Herb Dean called a halt to the bout as Lesnar turtled with just under a minute left to go in the first round, crowning "Brown Pride" the new UFC Heavyweight Champion.

What's next for Lesnar after losing his title? Will he meet Frank Mir for a third time? Is a second fight with Shane Carwin on the horizon? What about the first ever Mexican UFC champ? Will he be up to the task of facing Junior dos Santos? 

Let us know your thoughts. What's next for these two warriors?