http://www.speedflyingpro.com now has details of the 2008 event.

Speed Cross : 
Takes slalom to its extreme with two speed flyers, two tracks and only one winner.

Big Downhill :
Speed through one of the steepest downhill runs in Les Arcs. The art of piloting and engagement.

Big Mountain :
The Freeride event including jump offs, figures and choice of tracks. Shown on a huge screen, the runs will be judged by the other riders.

also details on:
http://www.lesarcs.com/The-Columbia-Speed-Flying-Pro-les,1443

some of the top riders plaqnning to be there....

Raul Rodriguez, SPAIN. Multi World Champion Acro Paragliding
Felix Rodriguez, SPAIN. World Champion Acro Paragliding
Antoine Montant, FRA. Vice World Champion Acro Paragliding, wingsuiter
Loïc Jean Albert, FRA. Soul Flyers, 2007 winner, Skydiving World Champion wingsuiter
François Bon, FRA. Pioneer Speed flying Acro Paraglider, Skydiver, base jumper
David Eyraud, FRA. Pioneer Speed flying, Acro Paraglider
Matt Gerdes, USA. Paraglider, Skydiver, Ski-Base jumper
Franck Coupat, FRA. Pioneer Speed flying, Paraglider, Skydiver
Fred Fugen,FRA. Multi world champion Skydiving, Team Babylon, Base jumper
Vincent Reffet, FRA. Multi world champion Skydiving, Team Babylon, Basejumper
Xavier Dufresne, FRA. Skydiver pro, Paraglider
Stephane Fardel, FRA. Multi world champ Skydiving, Team Babylon, Base jumper
Mathias Roten, SUI. Acro Paraglider, team Columbia
Carson Klein USA, Paraglider
Antoine Boisselier, FRA. World N°3 hanglider, acroparaglider
Géraldine Fasnacht, SUI. Snowboarder pro, Wingsuiter, base jumper , team Columbia