Beat foremost of racers to get to No.1 in this? (5)

I believe the answer is:

capri

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'this?' is the definition.
The definition suggests a singular noun which matches the answer.

'beat foremost of racers to get to no 1 in' is the wordplay.
'beat' becomes 'cap'.
'foremost of' says to take the initial letters.
'to get' means one lot of letters go next to another.
'to no 1 in' becomes 'i' (1st letter of 'in').
The first letter of 'racers' is 'r'.
'cap'+'r'+'i'='CAPRI'

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(Other definitions for capri that I've seen before include "Island in the Gulf of Naples" , "Greek island" , "Italian isle" , "Island off Italy" , "popular resort" .)

I've seen this clue in The Independent.

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