This is a hand-held shot video using a Canon EOS 60D with a wide-angle and a 50mm lens.
The event captured is the GR Grand Cycling Classic and Bikestock III which was held in downtown Grand Rapids, MI on August 20, 2011.

This video features live music performances of Grand Rapids, MI own Charles the Osprey, Jared Wekenman (Paucity) and Josh Stacey (Ozenza). Check out their label Friction Records for their music and other bands.
frictionrecords.net/mainmenu/frames.html

Music layover for the first half is by Precious Fathers and the song is Snowshoes from their self-titled album.
Check out Precious Fathers
whitewhale.ca/label/artist/preciousfathers/