An annual event since 1916, the hot dog eating contest is now famous enough to get an ESPN simulcast. Joey Chestnut has won the last two year's in a row, barely beating former champion Kobayashi in 2008. See if Joey "Jaws" Chestnut will be victorious for a consective third year. Only in America, kids. The Nathan's Famous International Fourth of July Hot Dog Eating Championship has been held each year on July 4 since 1916.