You Can't Take It with You
1 - a shoe
2 - something that begins with the letter R
3 - with the title of a movie that won an Academy Award for Best Picture
I am waiting on a judge's ruling on the matter of the second element. I don't know if rivalry qualifies as something that begins with the letter R.
EDIT: The judge's have ruled that "the intent was for it to be an object...a thing folks would look at and understand the R connection, so to speak." I shall abide.