Start with the blue layer. Add all the ingredients to a blender and blend until thick and smooth. Divide between 2 14 oz. glasses.
Place the glasses in the freezer while you make the white layer.
Rinse the blender, then add the ingredients for the white layer. Blend until smooth and slushy. Slowly spoon over the blue layer.
Lastly, make the red layer. Add all the ingredients to the blender and blend until thick and smooth. Then slowly spoon over the white layer.
Serve immediately.