Wiktionary
lay rubber
vb. (context idiomatic intransitive of a vehicle English) To accelerate so rapidly from standstill that it leaves a mark of burnt rubber on the road from the tire.
Usage examples of "lay rubber".
It was easy to spot, with its bright color, and even though the driver liked to lay rubber on the street and corner, he still couldn't break all that many traffic laws without attracting the attention of the police, something he didn't want to do any more than Kelly did.
I released the emergency brake and put the truck in gear in case I needed to lay rubber.