Litang festival horse racing The festival in Litang is known as one of the largest and most spectacular in Tibet. Every five years they put on an especially huge extravaganza. The Litang festival is actually three events in one. First, it's a classic Khampa horse festival with a race, demonstration of stunts from horseback, and a dance competition among troupes arrayed in regional finery. Second, it's an arts and crafts festival; and third, it's a trade fair, with items of every description offered in temporary shops within the sprawling tent city.