1
rojo y blanco;partes oponentes
1
red and white;colours for festive or auspicious occasions (colors)
紅白の旗が風になびいていた。
A red and white flag was flying in the wind.
2
two teams;two groups
3
Kōhaku Uta Gassen;annual contest between male and female popular singers on New Year's Eve (sponsored and broadcast by NHK)
See also:
紅白歌合戦 (こうはくうたがっせん)