Amazing event involving the Spanish vehicle I'm reversing (7)
I believe the answer is:
miracle
'amazing event' is the definition.
(I've seen this before)
'the spanish vehicle i'm reversing' is the wordplay.
'the spanish' becomes 'el' ('the' in Spanish).
'vehicle' becomes 'car' (car is a kind of vehicle).
'reversing' shows that the letters should be reversed in order.
'el'+'car'+'im'='elcarim'
'elcarim' written backwards gives 'MIRACLE'.
'involving' is the link.
(Other definitions for miracle that I've seen before include "Amazing or unexplained occurrence" , "Remarkable occurrence" , "something amazing" , "Divinely-inspired event" , "Wonder, sign" .)