Green’s Dictionary of Slang

ball v.1

also ball out
[abbr. ball the jack v. (1)]

to travel at high speed, to leave; thus balling n. and adj., travelling at high speed.

[UK]W. Attaway Let Me Breathe Thunder (1940) 218: He was being dragged to the open door of the ‘balling’ car. The kid gave a sharp cry.
[US]Kerouac On the Road (The Orig. Scroll) (2007) 125: The Rock Island [i.e. a train] balled by. We saw the faces of Pullman passengers go by in a blur.
[US]Kerouac On The Road (1972) 18: He balled that thing clear to Iowa City.
[US]College Sl. Research Project (Cal. State Poly. Uni., Pomona) 🌐 Ball (verb) To leave. [University of Michigan, Ann Arbor, MI; in Da Bomb].
Online Sl. Dict. 🌐 ball out v 1. to leave. (‘The police showed up at the party and we balled out.’).

In phrases

ball it off (v.)

see separate entry.