Bicycles don't have a lot of ways to tell everyone on the road what you're doing, but Instructables user abikerider fixes part of that problem with a DIY brake lever light switch that informs drivers ...
A burnout is pretty easy to do, but it's a lot easier with a line-lock. A line-lock allows you to lock the front brakes independently of the rear brakes, so the car stays put while the tires smolder.