Huh, I was under the impression it was an acronym for Racing Inspired Cosmetic Enhancement or something along the lines of that. Parts that make the car look like a racecar but don't actually help it perform any different.
It could totally be a backronym that was generated after it's initial use though.
Daily reminder that we all see this pop up on our feed too and you're going to have a higher quantity of people from other federated instances commenting by virtue of their being more of them active. No one is getting pings telling them it's time to go to X thread and post Y take, that's just a main character mindset people get into when they want to think they're the underdog and the 'other side' isn't playing fair.