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Yellow Flag
Flag used to slow down the racers in the case of a crash, debris on the course (like car parts), slick fluids on the track or the weather has become a factor with rain. During a yellow flag the pace car, with the top lights flashing, joins up with the race leader and sets a slower speed on the track. This is done to preserve the driving order on the track as cars cannot pass one another under a yellow after crossing the start/finish line. Drivers generally use this time to pit for refueling, new tires and adjustments.
  
Yellow Light
Caution on the speedway. Maintain position; no passing.
  
Yellow Stripe
In many oval track series, a rookie driver is required to put yellow strips of tape on rear of their car.
  
Yellowtail
A rookie NASCAR driver, so called because cars driven by rookies have yellow rear bumpers.
  
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