Pinks is the primary television series in a franchise series of television programs on Speed based on street racing, held at legal closed drag strips with a theme around drag racing. The original aired from 2005 to 2008, with the spinoff Pinks: All Out following in 2006 until 2010. The name of the show, and the tagline "Lose the race – lose your ride", refer to common slang of pink slips representing a vehicle's title document recording ownership, and the derivative street-racing phrase, "racing for pinks," meaning a race in which the winner earns the loser's car. (In California, until recently, the vehicle title was on a pink slip of paper.) The original was aired by Speed in the United States and Canada, and also airs on Fox Sports 3 in Australia. The series is produced by Pullin Television. The 2016 version will air on Outdoor Channel and Fox Sports Racing starting in March 2016 Produced by Brian Bossone's production company Boss One Media llc. Competitors compete in a drag race (although in the original Pinks, there was a stepladder shifter kart race in Series 1, and the original franchise was based more on illegal street racing) in the franchise. The formats differ between the franchise's formats. In the original series, the illegal street racing style drag race has provisions of the winner claiming ownership of the losing vehicle. The race format changed slightly through each season: Early Series 1 (2005): 2 out of 3 races Later Series 1-Series 4 (2005–2007): 3 out of 5 races Series 5 (2008): 4 out of 7 races As the show starts, the host, staff, and contestants sign a binding contract that will transfer the legal title of the two cars in question to Pullin Television, the production company of the show. Since the production company owns the vehicles it guarantees that the show will award the titles to both cars to the winner of the race and eliminates the chance that the loser will refuse to forfeit his/her car after the race. Negotiations Each team is allowed to inspect the opposing team's car to attempt to assess its performance before negotiations for the first race, or in cases where the negotiations are not held for the first race, before the second. Each team chooses a negotiator to act as its spokesperson to discuss the terms of each round. In recent seasons, the first