The phrase "pin it to win it" refers to mashing the throttle all the way, essentially pinning it to the floor or throttle stop. The phrase can be applied to cars and motorcyles. The phrase can be related to going all out at the track.
Hey dude, there's some good competition here. Remember, you have to pin it to win it.
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.