Preheat your oven to 350F and line a 35x25cm pan with baking paper.
Combine the two types of butter and sugars in a bowl and mix on high speed for 2 minutes.
Add the eggs and continue mixing for another 2 minutes until creamy and pale.
Gradually stir in the buttermilk, oil and vanilla and mix on high speed for 5-6 minutes until the mixture is white, double in volume. If it doesn’t look double in volume after 5-6 minutes, continue mixing a few more minutes until it’s ready.
Fold in the flour, baking powder and salt and mix on low speed for a few seconds.
Spoon the batter in the prepared pan and bake in the oven for 30 minutes or until the top of the cake looks set and it springs back when lightly touched.
Allow the cake to cool down then cut 2 16-cm discs of sponge cake.
Line a 16cm cake ring with acetate sheets. Take the sponge cake leftovers and place them at the bottom of the cake ring to forma third layer of sponge cake. Place aside both the cake ring and the 2 discs of sponge.