Until today I had never heard of this, but, unless I have radically misunderstood, there is a circuit of events in the USA in which contestants run up their cars on rolling-road dynamometers; races where, reductio ad absurdum, the cars don't move. They mostly seem to be diesel trucks of the F150, F250, F350 and competitors class. . The element of competition is, I gather, something like making your F250 diesel engine produce more power than anyone else's . The internet is full of Youtube clips of various engines exploding horrifically...
How long has it been going on? Long enough to be nostalgic? Love to see a grainy 8 mm film clip of a 62 F250 producing a vast 250 bhp before exploding. I believe they're getting up around 1,000 bhp now. Or maybe even more. It's hard to tell as the commentator loses it just as the engine loses it. Earliest mention I've seen so far is 2015, so maybe not TNF.