Pico (Ilha Preta) is just one of the islands that make up the Azores Islands, formally owned by Portugal. Known as the "Black Island", it is one of three islands that make up the central Azores islands. Formed about 300,000 years ago, it is known for its volcanic history and its emerging wine industry. Places to check out include São Mateus, Madalena, Lajes do Pico, and Lagoa do Capitão.