Getting a point for runs, wipes floor with competition (3,5)
I believe the answer is:
the ashes
'getting a point for runs wipes' is the definition.
I can't judge whether this definition defines the answer.
'floor with competition' is the wordplay.
'floor with' becomes 'the' (I can't justify this - if you can you should give a lot more credence to this answer).
'competition' becomes 'ashes' (I have seen 'International competition' mean 'ashes' so perhaps 'competition' could also mean 'ashes').
'the'+'ashes'='THE ASHES'
Can you help me to learn more?
(Other definitions for the ashes that I've seen before include "trees" , "Trophy awarded in England-Australia cricket, sounds grubby" , "Cricketing trophy" , "Trophy for winner of AngloAustralian cricket series" .)