To take part in a race (in the sense of a contest).
The drivers were racing around the track.
To compete against in such a race.
I raced him to the car, but he was there first, so he got to ride shotgun.
To move or drive at high speed; to hurry or speed.
As soon as it was time to go home, he raced for the door.
Of a motor, to run rapidly when not engaged to a transmission.
To assign a race to; to perceive as having a (usually specified) race.
The sport of competing in races.
To demolish; to level to the ground.
To scrape as if with a razor.