 Besides the fortress, the territory still plays host to two Spanish lookout towers; Lividonia and dell'Argentiera, the latter situated on the slopes of Mount Argentario which dominates the whole Santo Stefano area.Notable events in the town include the "Palio Marinaro", an annual rowing regattaa boat is called a ""gozzo"" (plural ""gozzi"")which is held every August between the four districts.The prize was started in 1937, but discontinued from 1940 to 1944 because of World War II.