The Tall Ships' Races are races for sail training "Tall Ships" (sailing ships). The races are designed to encourage international friendship and training for young people in the art of sailing. The races are held annually in European waters and consists of two racing legs of several hundred nautical miles, and a "cruise in company" between the legs. Over one half (fifty-percent) of the crew of each ship participating in the races must consist of young people.

The first Tall Ships' race was held in 1956. It was a race of 20 of the world's remaining large sailing ships organized by Bernard Morgan, a London lawyer. The race was from Torquay, Devon to Lisbon, and was meant to be a last farewell to the era of the great sailing ships. Public interest was so intense, however, that race organizers founded the Sail Training International association to direct the planning of future events. Since then Tall Ships' Races have occurred annually in various parts of the world, with millions of spectators. Today, the race attracts more than a hundred ships, among these some of the largest sailing ships in existence. The 50th Anniversary Tall Ships' Races took place during July and August, 2006, and was started by the patron, Prince Philip, Duke of Edinburgh, who also started the first race in 1956.