That's exactly the theory. Once the car turns the bend at the bottom of the hill it starts losing energy. So, the longer it is falling down, the more energy it builds up. You just have to keep enough weight in front of the rear axle so that the car does not tip backwards on its butt and create drag.
I read an interesting explanation about stored energy and pinewood derby cars. It went something like this...
Some smart dads know that in a vacuum, a feather and a bowling ball will fall at the same rate, so weight in a pinewood derby car really doesn't matter. So take a bowling ball and a feather and drop them in a vacuum. They will land at the same time. However, before you begin, put an egg under each one.... the bowling ball has much more stored energy and will crush the egg. Same thing applies to pinewood derby cars. Once they finish dropping down the track and start rolling it is the stored energy that keeps them moving forward.
The car with the most weight that falls the longest with the least amount of resistance from the friction of the wheels on the track and axles will probably win. Wind resistance on pinewood derby cars ranks far down the list of problems to overcome.
If your derby allows longer cars, use the maximum length with the weight as far back as possible. It falls longer, so it stores more energy. Our derby had car length, width and height rules, so it wasn't a problem for us. The playing field was extremely level. :thumbsup: