The Toftir Boat Association (Bátafelagið) was established on 13 March 2005, and two months later the first Boat Festival was held in Toftir; it is now held every year on the first weekend of May.
Toftirská lodná asociácia Bátafelagið bola založená 13. marca 2005, a o dva mesiace neskôr sa v obci konal prvý lodný festival a koná sa až do teraz každý rok v prvý májový víkend.