It means the activity of putting one's face between a woman's breasts, and rocking turning one's head rapidly from side to side while making a noise like a motorboat.
"Put your head between her tits and go bbl bbl bbl bbl bbl..."
Synonyms for motorboating
On this page, you will find 30 slang terms related to motorboating. Some of the top words include: brumski, rock & roll, shwizzle, bombay roll, mamme, and 25 more.