Reno: $100,000 on the line in 2014 Barrett-Jackson Cup

$100,000 in prize money is on the line for custom car builders at this weekend's Barrett-Jackson Cup in Reno/Sparks, Nevada, with the winner being announced on stage during the final hour of the auction.

Hot August Nights has begun in a big way, with car owners vying for the coveted Barrett-Jackson Cup and more than $100,000 in prize money for building the best hot rods.

From now through August 3, the Reno/Sparks, Nevada, area will be filled with beautiful custom and classic cars of every description.

Hot August Nights is a throwback to the days of cruising in the 1950s, when young men and women showed off their custom-built hot rods. More than 5,000 vintage and collector cars and half a million people show up annually for this week of fun, which includes "Show-n-Shine" events, drag races, controlled cruises, concerts, a swap meet, sock hop and a prom.

From July 31 to August 2, Reno will play host to the Second Annual Hot August Nights Auction, presented by Barrett-Jackson.

And the Second Annual Barrett-Jackson Cup will go on from July 30 to August 2, in which judges Bobby Alloway (Alloway’s Hot Rod Shop), Pete Chapouris (So-Cal Speed Shop), and Bob Millard (International Show Car Association) will pick out the 25 best custom builds from the various Show-n-Shines to compete for a trophy and more than $100,000 in cash and prizes.

A custom 1954 Chevrolet on display at the 2014 Hot August Nights in Reno, Nevada.

The five semifinalist cars will show at the Barrett-Jackson auction, all day Saturday, with the winner announced on stage during the final hour.

The winner car owner gets $30,000 in cash, a $15,000 General Motors crate engine, and more than $12,000 in tools, automotive transportation services and other swag.

The 2013 Barrett-Jackson Cup winner was a breathtaking, NASCAR-style, Boss 429-powered custom 1969 Ford Torino owned by George Poteet of Collierville, Tennessee, and built by Troy and Jack Trepanier of Rad Rides by Troy.

Trepanier, a well-known leader in the collector car community, accepted the award on the auction block last year, in a hugely emotional moment. Jack passed away in March and Barrett-Jackson is dedicating the 2014 Barrett-Jackson Cup in his honor.

The winning 1969 Torino from the 2013 Barrett-Jackson Cup.

FOX Sports will deliver 23 hours of LIVE coverage across the FOX family of networks for the Second Annual Hot August Nights Auction presented by Barrett-Jackson in Reno, Nev.

All of the glamour and action will get underway on Thursday, July 31 at 7 p.m. ET on FOX Sports 1. In addition to the following TV schedule, the event will be streamed LIVE on the FOX Sports GO app:

TV Schedule (all times ET and subject to change):

Thursday, July 31:

– 7 p.m. to 11 p.m.  – FOX Sports 1

Friday, August 1:

– 2 p.m. to 3:30 p.m. – FOX Sports 1

– 3:30 p.m. to 7 p.m. – FOX Sports 2

– 7 p.m. to 8 p.m. – FOX Sports GO/

– 8 p.m. to 11 p.m.  – FOX Sports 2

Saturday, August 2:

– 2 p.m. to midnight – National Geographic Channel