Llanwrtyd Wells, quirky events in the UK's smallest town

The video explores a small Welsh town known for its unique events, including the Mountain Bike Chariot Racing Championship, which is part of a Roman festival. The town, once a center for pony trekking, faced economic decline in the 1970s. To boost the economy, locals created unusual events like man versus horse and fog snorkeling. These events have become successful, helping maintain the town's community spirit and smallest town status.

How did the local business people respond to the decline of the pony trekking industry?

What is the aim of the events held in the town?