Sansepolcro is famous for the Palio della Balestra, an ancient competition between the archers of the companies of Gubbio and Sansepolcro. It is a historical re-enactment that presents competitions and shows with traditional costumes. It takes place during the first two weeks of September when citizens recreate a renaissance climate with feasts and neighbourhood competitions. The Flag throwing displays which take place in Piazza Torre di Berta on Saturday evening, the day before the Palio della Balestra, is one of the most important events: it is a flag throwing performance by the young students who attend the training school of the Sbandieratori Association.