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Way of rising to beat a lost race (9)

Ross

I believe the answer is:

escalator

I'm a little stuck... Click here to teach me more about this clue!

'way of rising' is the definition.
'escalator' can be an answer for 'way' (escalator is a kind of way). I am not certain of the 'of rising' bit.

'beat a lost race' is the wordplay.
'beat' is an anagram indicator.
'a'+'lost'+'race'='alostrace'
'alostrace' with letters rearranged gives 'ESCALATOR'.

'to' is the link.

Can you help me to learn more?

(Other definitions for escalator that I've seen before include "Mechanised staircase" , "Carol eats (anag.)" , "the easy way up" , "it moves up and down" , "Moving staircase" .)

I've seen this clue in The Guardian.
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