Porto Santo Stefano is the capital of the municipality of Monte Argentario, in the province of Grosseto. With Porto Ercole is one of the 2 major towns that form the town. The resort is located on the north-western promontory of Argentario, a little more than 40 km south-east of Grosseto, about 10 km south-west of Orbetello and about 12 from Porto Ercole. The town is divided in 4 historic districts, all with just a banner: the Cross, Fortress, and Pilarella Valley. Among the most important events taking place in Porto Santo Stefano a most important is the “Palio marinaro” an annual rowing regatta 4,000 m. (with boats known as “Gozzi”) which is held every August in the 4 districts Santostefanesi. The prize, started in 1937 and discontinued from 1940 to 1944, because of World War II, sees gold among the 22 victories Pilarella district, 18 of the Cross (2004), 15 of the Valley and 12 fortress.