Django Dash
This is a great idea that should see Django developers from all over the world compete to produce a fantastic Django application in only 48 hours.
This puts real emphasis on Django's origins as a framework for perfectionists with deadlines. The aim is for small teams to build applications, from scratch, in a tight timeframe.
No word on whether there is a particular focus yet, and no details on sponsors and judges just yet, but this looks like it'll be great fun for those who are into this sort of thing (and, of course, those able to compete at the exact point in time when the competition is open!)
http://www.djangodash.com/