The Toro Regatta is an annual race for spaceships, held on a desert planet.
The race doesn't seem to have any rules; contestants are allowed to use anything to gain an advantage, even lethal force. This naturally makes the race very dangerous to those involved. Contestants usually train year round for the race.
In "The Toro Regatta", Clarence forced Gary Goodspeed and his friends to participate in the race for him with the Crimson Light, since Clarence hoped to steal the Nymerian Cube during the race. There where three other participants in the same race: the Starchaser piloted by Rug Yorkvain, the Dread Renegade, and the Invader Red. By the end of the race, only the Crimson Light was left, and thus by default the winner.
The race was sponsored by Dart Juice.