Cryptic crossword clue
Lucky charm male found on racecourse 6

The most common and most likely answer to this crossword clue is the 6 letter word MASCOT

I've seen this crossword clue in Financial Times
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Buddy explains!

The straight part
We know that "Lucky charm" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case lucky charm = mascot.
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.

What does MASCOT mean?

MASCOT noun
  1. Something thought to bring good luck
  2. Something, especially a person or animal, used to symbolize a sports team, company, organization or other group

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