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One of the costumed participants races along the Grand Canal for the 'Befana' Regatta on January 6, 2014 in Venice, Italy. In Italian folklore, Befana is an old woman who delivers gifts to children throughout Italy on the feast of the Epiphany on January 6 in a similar way to Saint Nicholas or Santa Claus (Photo by Matteo Chinellato/Corbis via Getty Images)

One of the costumed participants races along the Grand Canal for the 'Befana' Regatta on January 6, 2014 in Venice, Italy. In Italian folklore, Befana is an old woman who delivers gifts to children throughout Italy on the feast of the Epiphany on January 6 in a similar way to Saint Nicholas or Santa Claus (Photo by Matteo Chinellato/Corbis via Getty Images)