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When 2 or more men are urinating at the same time and it becomes a race to see who can finish urinating first.
Todd and Jimmy were racing in the men's room after they consumed a large amount of liquids.
Racing by Alex and Kevin September 4, 2008
The unbelievable high people get off amphetamine drugs and in result are constantly buzzing and dancing around like idiots
Those guys over there had so much MDMA they are gonna be racing all night
Racing by jack burdini May 30, 2008
The act of being racist.
Person 1 - Asians are terrible drivers.
Person 2 - Woah dude. Stop racing.
Racing by 12kate34 August 22, 2011
another, more hip and cool term for kissing.
Kissing is a general idea, as is racing. There are many subjects that fall underneath it. Such as long distance, sprinting, and hurdles.
"Where did Thomas and Olivia go?"

"Oh. I think they're racing in the trees over ther."
racing by Connor is a beast! June 19, 2008

racing for pink slips 

The ultimate bet in terms of personal confidence in an illegal Street race or the like. Two racers put their cars on the line by offering their registration slips as winnings. The winner of the resulting race wins the opponents car for good. This is exhibited in some of the Fast and Furious movies.
Friend 1 "hey man what's up?"

Friend 2 "I just won me a new car last night, racing for pink slips."

Friend 1 "Wow, you're brave, putting your car up like that.

Friend 1" well I wanted that car man.

racing stripe 

n. When an individual does not properly wipe his/her ass and leaves a shit stain in the underwear. Can result from sitting down and/or scratching the crack area.
Damn, that nasty bitch had a racing stripe!!
racing stripe by chork September 15, 2005