CBS's Big Brother 16 has now entered its final week of competition and the Final 3 houseguests competed in the first part of the final Head of Household competition Wednesday night.

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Cody Calafiore, Derrick Levasseur and Victoria Rafaeli officially became the Final 3 during Wednesday night's episode of Big Brother 16 after Cody voted to evict Caleb Reynolds. Next Wednesday, one of them will become $500,000 richer and claim the title of Season 16 winner.

However, one more person will be evicted before the Final 2 face the jury. The three-part final HOH competition began Thursday night and played out on the live feeds. It was an endurance competition in which the three houseguests had to essentially hold onto a hang glider while standing on a platform in the air.

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Each houseguest hung on for a while but after raining water down on them, Victoria could not longer hold on and fell off, eliminating her from the competition.

After this, Cody and Derrick turned to each other inquiring about who wanted to win the competition. Ultimately, Derrick threw it to Cody, making Cody the winner of Part 1.

This means that Derrick and Victoria will face off in Part 2, which is usually a timed competition involving memory of things that happened in the game. Based on her competition performance over the course of the game, it doesn't seem like Victoria will be able to beat Derrick, though anything is possible.

Cody will then face off against either Derrick and Victoria in the final part of the competition during Wednesday night's finale. Whoever wins the competition will be the sole vote to evict one of the other two houseguests.

With Victoria unlikely to win the final HOH, it seems like it's shaping up to be a Cody vs. Derrick finale, with both of them promising to take each other. Derrick has also promised Victoria that he would take her to the end, so it's possible that he throws the final competition to Cody in order to not betray her.

The next episode of Big Brother 16 airs Friday at 8 p.m. ET/PT featuring the first part of the HOH competition and a look back at the season.