Contest is too strong of a word. It suggests that someone other than Obama could win. That suggestion is surely racist.
“So, we can call it a contest.”
Sorry, that won’t work. Prespositions like “a” are now also racist; a linguistic product of the white man’s world that needs to be replaced.
Maybe stellar representatives of human brilliance and achievment like the felon Snoop Dog or the perenially unfunny Chris Rock can provide acceptable nomenclature.