The two talent shows are pit against each other every year and after The X Factor's ratings didn't match up to BBC's Strictly last year, Simon has done everything he can to make sure his show pips the dancing competition to the post this time.
Sharing his thoughts at the X Factor Launch in London earlier this week, the music mogul told us he was confident the public will prefer to tune into see himself, Cheryl Fernandez-Versini, Rita Ora and Nick Grimshaw in action.
When asked if he thought X Factor would champion when it comes to ratings this year, Simon asked which famous faces had made the Strictly lineup.
The Ballroom will see the likes of Ainsley Harriott, Coronation Steet's Georgia May Foote, Kirsty Gallacher and Iwan Thomas put on their dancing shoes, and on hearing Peter Andre's name thrown into the mix, he cheekily swiped: "Well, who's their worst?"
Explaining he thinks, The X Factor is better than ever, he added: "I hate to say [The X Factor will better Strictly] because I know what will happen, it will come back to haunt me. But I do think the show does feel better, the talent is great, they're interesting… if it's us versus Peter Andre, I've got to put my money on us!"
Ensuring that The X Factor does come out on top, Simon has openly said it's "make or break" for the show this year.
For that reason, he has done all he can in a bid to boost its viewing figures, implementing many changes to the lineup and the format.
Not only has he enlisted the help of Rita and Nick to join him and Cheryl Fernandez-Versini on the judging panel, Caroline Flack and Olly Murs have replaced Dermot O'Leary as host.
With Sarah-Jane Crawford leaving The Xtra Factor, Rochelle Humes and Melvin Odoom have teamed up to front the X Factor's spinoff show.
The competition itself will take a different turn this year too. In an X Factor first viewers will now be able to decide which category of acts each judge is given. Not only that, but Judges' Houses is going live too.
Viewers will watch as Caroline and Olly broadcast the results from Judges' Houses live from the studio, and considering each judge usually travels to some exotic location for the round, it seems like a huge ask, right?
Maybe, but it's one Cheryl thinks will be much better and it will mean less doubts from the judges following their decision.
She added: "It'll be good because you don't have to ponder once you make your decision. Sometimes you make it and then you re-question your self for ages, even when you're going home you're like 'did I make the right decision?' You've just got no choice, as soon as you've made it, it's out there, it's live.
"I'll be watching my Twitter feed to see what everyone else's opinion is and I think it's going to be really good and really fun. It'll be good to get other people involved initially. [The public] are going to choose our category too, people are invested from that early on, so it'll be fun."
We can't wait to see how it works out!
The X Factor returns this Saturday 29 August and Sunday 30 August on ITV.
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