What's this?
 

I've never noticed this before. It seems like the rod, circled in white, would hit against the rotor after the pads were worn down a certain amount. It also seems like these screw that I have circled in white, would allow me to adjust that.
There's a lot of pad left. Just wondering why those rods are adjusted to hit the road are pretty quick here.
Recommendations? I wonder if the previous owner did this because he tracked the car so heavily? And didn't want the pads getting worn down a bunch? Not sure.
What are you guys think?

https://cimg0.ibsrv.net/gimg/rennlis...4f4b7f5a2d.jpg

Those rods just help hold the pads in place. There is no screw, that's a casting mark with most likely a date code in it. As the pad wears it moves closer to the rotor. Those rods will never contact the rotor. Pistons will extend push the pads closer and closer to the rotor. This is a multi piston fixed caliper design, not a floating caliper. The only way those rods will ever hit a rotor is if you install the wrong rotor.

In short: You're good!.

As mentioned, the issue you're worried about is not possible unless you install the wrong rotor or install the caliper on the knuckle improperly; pad wear doesn't affect it.