In 1973, the Ano Karyes Association Lykaios Dias established the modern Lykaia, which are held every four years on the same place as the ancient games. The motto of these games is Stefanites and not Chrimatites (Greek: Στεφανίτες και όχι Χρηματίτες), meaning that the purpose of these games is solely the moral perfection of man and not rewarding the winners with pecuniary means. Modern Lykaia are usually held in the beginning of August. The games begin with the lighting of the flame on the Arcadian's sacred peak. The Estiades of Mount Lykaion, making their appearance from the north, bring the Arcadian's eternal flame. The first Estiada walks slowly towards the southern pillar base (where two golden eagles were placed in ancient times) and lights the torch. The head priestess recites the Lycean Ode by Pindarus and then gives the torch to an athlete named as torch-bearer. The torch-bearer then runs into the stadium and lights the altar which is placed there. The closing ceremony includes cultural events, the lowering of the flag and the playing of the Greece's national anthem. The winner of each athletic event is awarded with an olive branch, a cup, a tripod, a medal or a diploma. All the athletes who participated-regardless of their performance-receive a certificate of participation, thus justifying the Games' motto. The last Lykaia were held from the 29th of July to the 7th of August 2005. The next games took place in the summer of 2009.The next games will take place from 27 July to the 4th of August 2013.On the last day(4 August) the athletic events of track and field will take place at the mountain stadium.