I figure opening a Gate to somewhere hostile would work. Boring though. So, for style points, cover up the Gate technique with a fun illusion (giant cricket bat whacking thing over the horizon. A Bigbyish giant hand crushing it into powder. Exploding it into a cloud of butterflies).
Polymorph any Object would do it. Style points for changing it into something fun.
Telekinetic Sphere looked good, but the thing weighs (far!)more than 5000 pounds. Sigh. Likewise, Reverse Gravity suffers from annoying area limitations. Double Sigh.
Quickly Plane Shift to a Plane with a vastly different time rate (to give yourself a couple of Months) and Research a new spell - say a much higher level version of Shrink Item, or Greater Fabricate, or Transmute Rock to Gas...
Putting up a Prismatic Wall would stop it (when the object reached the Violet bit). Would look cool too. However, as it is a competition, very clever opponents could bring the wall down with a succession of spells...
Amal