The X ring is about 0.5 MOA so would be 5 inches at 1000 yards (near enough).
As @johnd said that accuracy would get you a 60.10 (perfect score) at 1000 yards.
Probably good enough for FTR, possibly not for F-Open.
Everybody wants better, but there are diminishing returns.
That said it would also depend on your set up - is your scope 1/4 MOA clicks or 1/8?
Can you easily aim off with your bag and bipod (FTR) or F-Open rest.
What projectile will you be using?
155 gr for FTR-Classic or heavier for FTR? The difference can be significant at longer ranges.
My observation is that the heavier projectiles come into their own at longer ranges with higher winds - upto 50% less wind adjustment between a 155gr and 185 gr projectile (of the same brand and design) at 900 yards in strong winds.
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