It is a traditional competiton with the ancient crossbow. The Balestrieri of Gubbio and those of Sansepolcro wear the characteristic period costumes and meet every year in the exceptional scenery of Piazza Grande.

The competion consists of centering the “rate”, a target placed 36 meters away;the crossbowman who manages to hit the nearest point in the center of the target receives the “Palio” as a reward, a valuable banner made each year by a well-known artist.During the event there is the spectacular performance of the flag-wavers.