What does "moving up." mean?
Three cars were outpacing the rest of the field. Jorje Amandaris from Argentina, driving a Sur-tees; Nils Nilsson from Sweden in a Matra; and a Ferrari 312 B-2, driven by Martel of France. They were driving brilliantly, daring the straight track, challenging the curves, moving up.

Question

Answer

Here, "moving up" means advancing (i.e. getting further ahead in the race).

Answer

In a race "moving up" can mean they pass other cars.

In business "moving up" can mean getting a promotion.