Look to cover English races in paper (7)
I believe the answer is:
gazette
'paper' is the definition.
(I've seen this before)
'look to cover english races' is the wordplay.
'look' becomes 'gaze' (gaze is a kind of look**).
'to cover' indicates putting letters inside.
'english' becomes 'e' (abbreviation).
'races' becomes 'tt' (Isle of Man Tourist Trophy races).
'e'+'tt'='ett'
'gaze' enclosing 'ett' is 'GAZETTE'.
'in' is the link.
(Other definitions for gazette that I've seen before include "Journal, newspaper" , "paper" , "Journal; publish mil. post" , "Official newspaper" , "Official publication" .)