What’s the subject matter here? The two men in kilts or the people milling about with the tall ships in the background? Unusual lighting and colour toning
Interesting elements in the image. I am guessing that the fellows in the kilts are the intended subjects of the image. Complexity of the background elements and blown tonal quality draw away from the proposed subjects.
The colourization fits this image nicely and shows the throngs of people that really did attend the event. Shows action even though no one is moving.