Pinks

Using the setting of a classic 1950s drag race, "PINKS" will pit contestants in a best three-out-of-five format, with the loser handing over the title (pink slip) to his or her vehicle.

Two hot cars. Two proud owners. And it’s winner takes all in "PINKS". Host Rich Christensen travels the country pitting two contestants against one another in this high stakes drag race. The negotiations are heated. The races are real. Emotions run high. And the loser walks home. "PINKS: Lose the race. Lose your ride".
(Source: http://www.speedtv.com/programs/pinks/)