Meaning

• A contest between people, animals, vehicles, etc. where the goal is to be the first to reach some objective. Example: Several horses run in a horse race, and the first one to reach the finishing post wins

  "The race around the park was won by Johnny, who ran faster than the others."

• Swift progress; rapid motion; an instance of moving or driving at high speed.

• A race condition.

• A progressive movement toward a goal.

  "the race to cure cancer"

• A fast-moving current of water, such as that which powers a mill wheel.

• A water channel, esp. one built to lead water to or from a point where it is utilised.

• Competitive action of any kind, especially when prolonged; hence, career; course of life.

• The bushings of a rolling element bearing which contacts the rolling elements.

Meaning

• 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.