What famous bareback horse race is held each year in the Italian city of Siena?

The famous bareback horse race held each year in Siena, Italy, is called the Palio di Siena. This historic event takes place on July 2 and August 16, featuring jockeys riding bareback on horses representing different city districts, or "contrade." The race is deeply rooted in tradition and is accompanied by colorful parades, pageantry, and a fierce competitive spirit among the contrade. The Palio is not just a race; it embodies the cultural heritage and identity of Siena.