The term originated in Formula 1 and or NASCAR where a car comes in for a minor fix - new tyres etc and takes on a small amount of fuel while this work is being done
Chris: Nothing really. I was really calm about it. We just went to Starbucks, got some coffee, and just as she was sitting down, I gave her the ol' splash and dash!
Mark: Well played sir.
Chris: Wanna get some Chipotle?
Tim: Same here!