smpCTF Hacker Olympics 2010 is a contest designed by "hackers" and "security enthusiasts" for the like to battle it out against each other over a caffeine and sugar fueled weekend hacking stuff...
In the smpCTF Hacker Olympics qualifications teams and individuals are put up against other teams from around the globe in the same environment with the same objectives and a mission to accomplish. The qualifications round is designed to separate the true ninjas from the fake pirates in the shadows! The finals will definitely be kiddie free

The top 5 teams from the (1st) first qualifications round of smpCTF Hacker Olympics will move on to the smpCTF Hacker Olympic finals. The winning team of the finals will receive a HP mini netbook with BackTrack4.
http://www.smpctf.com/