PORTLAND, Maine (CBS) — More than 50 sailboats raced Saturday to raise money for Multiple Sclerosis research.

The 36th annual MS Harborfest Regatta was held Saturday in Portland Harbor.

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The sailors raised money for vital research initiatives through sponsorships.

Sailboats in Portland Harbor for the MS Harborfest Regatta. (WBZ-TV)

Once the race was over, those sailors got to come back to shore for a celebration.

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“We have awards in eight divisions, and we have a great feast for them, and lots of great music,” said MS Harborfest Development Director Sue Tidd. “It’s a celebration of how they’re racing for a cure in Portland Harbor for MS.”

Organizers are expecting to raise more than $100,000 by the end of the weekend. Over the last 36 years, Harborfest has raised more than $3 million in total.

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The festival wraps up Sunday.