On the 22nd of July, the same day as the celebration of Fasinada,  a regatta is held off Perast.  In the memory of Perast’s magnificent history of sea-faring and navigation, all the sailboats in the Boka participate in a regatta for the Fasinada Cup.  About hundred sailing boats in senior and junior categories generally compete for a “cup” (actually a statue) and an honorary inscription on the plaque of the lighthouse of Our Lady of the Rock where the prizes are awarded.  The finish line, both real and symbolic, is an imaginary line between the two islands – St. George and Our Lady of the Rock.