Hold a New Tournament
Reason: held annually
Events: races and team fighting
Length: three days
Awards: first place winner(s)
Top Prizes: moderate sums of money
Betting: unofficial - discouraged
Other Entertainment: acrobats and jugglers, musical contest(s), hired bards and staged exhibitions
Competitors of interest:
The precocious commoner who has an ulterior motive for competing.
The musclebound brute who is all talk.
The menacing sorceror who is a long shot to win.
The showy mage who may not be in it to win.
The foreign noble who has good odds to win.
The proud youth who proves to be highly honoroble.