Former award for winning? Not the first (3)
I believe the answer is:
old
'former' is the definition.
(both can mean previous)
'award for winning? not the first' is the wordplay.
'award for winning?' becomes 'ld' (I can't justify this - if you can you should believe this answer much more).
'not' becomes 'o' (I've seen this in other clues).
'the first' says to put letters next to each other.
'ld' after 'o' is 'OLD'.
Can you help me to learn more?
(Other definitions for old that I've seen before include "Former, previous" , "Getting on" , "Elderly" , "Long-lived" , "Long-established" .)