Boardmasters Festival is an annual event held in Cornwall, United Kingdom, usually spanning five days on the second weekend of August. The event is a combination of live music and surfing/skateboarding competitions in and around the town of Newquay. The festival was founded in 1981 as a surfing competition, and in 2005 it was expanded to include music acts, taking place at Watergate Bay. The current capacity is 53,000. The event is owned and managed by Vision Nine Group.