Each horse in the race represents a contrada or small group of streets - each with its own flag and symbol. The horses race around the piazza on a thin layer of sawdust and can win without a rider. Casulties are not uncommon. The winning horse is awarded, at the victory banquet, with its hooves painted gold and a bag of sugar and fodder. The event is hugely popular with the tourists and for good reason.
Competition is rabid and the tradition strong.
Many who come to see the race never actually get close enough enough to see the action. This unsavory activity is not encouraged, but it is not discouraged either.