The most common and most likely answer to this crossword clue is the 7 plus 3 letter word PANCAKE DAY
I've seen this crossword clue in The Times
P
A
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C
A
K
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More clues leading to the result PANCAKE DAY
Buddy explains!
The straight part
We know that "Date for races when fast start anticipated?" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case date for races when fast start anticipated? = pancake day.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.