Whether it is due to its reputation as Switzerland's cultural capital, a dynamic economic metropolis, a research stronghold or due to its international flair – Basel has always been a pocket-sized cosmopolitan city. In the border triangle where Switzerland, France and Germany meet, Basel is an important transport hub between northern and southern Europe. The city is located in the centre of a trinational, ultra dynamic economic area. The life sciences are a particularly strong driving force. World-leading pharmaceutical companies and numerous spin-offs ensure innovation and stimulate research and education. On top of this, there is an extraordinarily rich, high-quality cultural offering with almost 40 museums, internationally renowned orchestras, the multiple award-winning Theater Basel and numerous music festivals. The annual Swiss Indoors Basel, Roger Federer's home tournament, the Longines CSI Basel showjumping tournament, the BaselHead rowing regatta, the Yonex Swiss Open badminton tournament as well as the highlights of FC Basel draw avid sports fans in their thousands – however, world and European championships such as the UCI Indoor Cycling World Championships also make Basel a sports city.