Pinks is a franchise series of television programs on Speed Channel based on street racing, held at legal closed drag strips with a theme around drag racing. The original aired from 2005 to 2008, with the spinoff Pinks: All Out following in 2006. The name of the show, and the tagline "Lose the race - lose your ride", refer to common slang of pink slips representing a vehicle's title document recording ownership, and the derivative street-racing phrase, "racing for pinks," meaning a race in which the winner earns the loser's car.. Pink slips were common in the Need for Speed franchise, especially under the game Need for Speed: Undercover. The series airs on the Speed Channel in the United States and Canada, and also airs on Fox Sports 3 in Australia. The series is produced by Pullin Television. Competitors compete in a drag race in the franchise. The formats differ between the franchise's formats.