British racer keeping ahead in this kind of car (5)
I believe the answer is:
coupe
'this kind of car' is the definition.
(I've seen this in another clue)
'british racer keeping ahead' is the wordplay.
'british racer' becomes 'Coe' (Olympic runner Sebastian Coe).
'keeping' means one lot of letters goes inside another (some letters kept inside).
'ahead' becomes 'up' (similar in meaning).
'coe' placed around 'up' is 'COUPE'.
'in' is the link.
(Other definitions for coupe that I've seen before include "Two-door car" , "Car with two front seats and a luggage compartment" , "Type of car; dish" , "Dessert dish" , "Car with just two doors and two front seats" .)