The Palio di Siena is a horse race held twice each year on July 2 and August 16 in Siena, Italy, in which ten horses and riders, bareback and dressed in the appropriate colours, represent ten of the seventeen Contrade, or city wards.
The Palio held on August 16 is named Palio dell'Assunta, in honour of the Assumption of Mary. A magnificent pageant, the Corteo Storico, precedes the race, which attracts visitors and spectators from around the world. The August Palio started out as an extension of the celebrations of the July Palio, and was organized and funded by July's winning contrada, though only if the contrada in question could afford it. After 1802, however, organisation and funding the August race became a central responsibility of the city, which removed annual uncertainty over whether or not an August Palio would run. Advertisement: Siena Cheap
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