Koscum, the D'Olympics races were run like the real ones with all the competitors racing against each other at the same time. I don't know what the individual times were; don't recall seeing that much detail posted. There is a post on the Tapestry forum with instructions for cone balancing with pictures called "Get On That Cone"
posted by Sudre, the resident expert in cone balancing. I have not tried that myself.
You should register for the Tapestry forum so you'll know when the next contests are.