In 1993, the Rally was still extremely popular with an attendance of 30,000 and 2,000 tents on the Knavesmire. The Rally stopped after 2012 event, but was revived in 2015 and is now known as The York Cycle Festival. The event is held each year in June on the Knavesmire, it is still very popular with families as a weekend break and camping facilities are provided. Recent Festivals draw around 5,000 visitors to see trade and club displays, a large bike jumble sale, Audax rides and grass track racing.
Grass track racing has historically been part of the Rally or Festival from 1945 and it has recently been organised by the National Clarion CC. At the 2024 meeting there were races for seniors, juniors and youth riders, both male and female, the meeting included rounds of British Cycling's National Grass Track Endurance and Sprinter's Leagues plus other other races. Unfortunately the 2025 grass track meeting at Knavesmire was cancelled due to low entries.