Complex sentence: The Bix 7 Road Race and Memorial Jazz Festival is held annually in Davenport, Iowa, as a commemoration to Davenport native and jazz musician Bix Beiderbecke.
Split into simpler sentences: The Bix 7 Road Race and Memorial Jazz Festival is a road race and music festival held annually in Davenport, Iowa. The race and festival commemorate Davenport native and jazz musician Bix Beiderbecke.