hot rod

/HH AA1 T R AA1 D/
noun
  1. 1

    Typically a passenger vehicle modified to run and/or accelerate faster. The term may be used generically to apply to any car, truck, or motorcycle (et al.) modified for increased speed and/or performance. It may also be used to specifically describe and refer to modified cars from the original (or traditional) era of "hot rods", post World War II and prior to 1960.

  2. 2

    (sexuality) The penis.

verb
  1. 1

    To modify a vehicle for enhanced driving performance, top speed, and/or to accelerate faster.

    Are you going to hot rod [the vehicle] or leave it stock?

Source: https://en.wiktionary.org/wiki/hot%20rod