Famous Beetle car shot by Disney initially (10)
I believe the answer is:
celebrated
'famous' is the definition.
(I know that famous can be written as celebrated)
'beetle car shot by disney initially' is the wordplay.
'shot' indicates an anagram.
'by' is a charade indicator (letters next to each other).
'initially' indicates taking the first letters.
The first letter of 'disney' is 'd'.
'beetle'+'car'='beetlecar'
'beetlecar' anagrammed gives 'celebrate'.
'celebrate'+'d'='CELEBRATED'
(Other definitions for celebrated that I've seen before include "Eminent" , "Observed (festival); famous" , "Did something enjoyable (to mark an event)" , "Rejoiced - famous" , "Notable" .)