The Triwizard Tournament is a magical competition held between three wizarding schools: Hogwarts, Beauxbatons, and Durmstrang. It consists of three challenging tasks that test the champions' bravery, intelligence, and magical skills. Each school selects one champion to represent them, and the tournament is overseen by a magical object called the Goblet of Fire. The tournament is known for its high stakes, as it can be dangerous and even deadly. The champions face various magical creatures and obstacles, and they must work independently to complete each task. The event culminates in a final task where the winner is crowned the champion.