Crossword Genius

A target perhaps for rivals in craft (7)

Ross

I believe the answer is:

regatta

I'm a little stuck... Click here to teach me more about this clue!

'rivals in craft' is the definition.
Although both the answer and definition are singular nouns, I can't see how they can define each other.

'a target perhaps' is the wordplay.
'perhaps' indicates anagramming the letters.
'a'+'target'='atarget'
'atarget' is an anagram of 'REGATTA'.

'for' is the link.

Can you help me to learn more?

(Other definitions for regatta that I've seen before include "Rowing, sailing, gala" , "Yacht-racing event" , "Organised boat races" , "Sports event" , "Craft meeting" .)

I've seen this clue in The Globe and Mail.
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