> at WestWorld of Scottsdale on January 18, 2014 in Scottsdale, Arizona.

A 1962 Corvette Custom Convertible is displayed during the 2014 Scottsdale auction. (Photo: Getty Images)

A $100,000 purse in cash and prizes is on the line in the upcoming Barrett-Jackson Cup, with $30,000 being awarded to the entrant that brings in the best custom car.

The event will take place in Reno, Nevada during the Barrett-Jackson Hot August Nights event, where 500,000 automotive enthusiasts are expected to be on hand.

Autoweek magazine has named Hot August Nights as one of the top three automotive destinations in the world. The Barrett-Jackson Cup is quickly becoming another top reason to go to the event, its purse having doubled since last year.

A panel of judges will narrow the entrants down to the top 25 , then to the top five, which will go to the Barrett-Jackson Auction Arena. There, the Ultimate Best of Show winner will be awarded the Barrett-Jackson Cup during the televised Barrett-Jackson Reno Auction coverage.

The event will be televised across the FOX Sports family of networks.

Register HERE or click HERE to find out more.

Prizes:

Ultimate Best Of Show Winner: $30,000 cash, individualized Barrett-Jackson Cup Trophy, General Motors Crate Engine and Transmission ($15,000 Value), Waterloo Tool Chest and Craftsman Tools ($6,000 Value), Reliable Transportation Credit for 1 year ($5000 Value), Adam’s Polish Product ($1,000 Value) and a Hot August Nights Barrett-Jackson Cup Jacket ($250 Value)

First runner-up: $18,000 cash, Miller Motorsports Package ($5,000 Value), Craftsman Tools ($3,000 Value), Adam’s Polish Product ($1,000 Value) and a Hot August Nights Barrett-Jackson Cup Jacket ($250 Value)

Second runner-up: $10,000 cash, Wood Bed liner ($3,000 Value), Adam’s Polish Product ($1,000 Value) and and a Hot August Nights Barrett-Jackson Cup Jacket ($250 Value)

Third runner-up: $7,000 cash, Adam’s Polish Product ($1,000 Value) and a Hot August Nights Barrett-Jackson Cup Jacket ($250 Value)

Fourth runner-up: $5,000 cash, Adam’s Polish Product ($1,000 Value) and a Hot August Nights Barrett-Jackson Cup Jacket ($250 Value).

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