Since 1926. At “slack tide” on the last Wednesday before the last Thursday of every July, Chincoteague’s “Saltwater Cowboys” herd the wild Chincoteague ponies across the Assateague Channel to move them from Assateague Island to neighboring Chincoteague Island. After the swim, the ponies “parade” to the carnival grounds where the foals are auctioned on the last Thursday of July. And then on Friday, the adult ponies will make the return swim to Assateague Island where they will live in the wild for another year. Join us for the World Famous Pony Round Up and Swim. Swim can be viewed from Veteran’s Memorial Park (7427 Memorial Park Drive) located off East Side Road. Auction is held at the Carnival Grounds located at 3648 Main Street.