Cryptic crossword clue
Unknown quantity produced upset in horse race

The most common and most likely answer to this crossword clue is the 5 letter word DERBY

D
E
R
B
Y


Buddy explains!

The straight part
We know that "horse race" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case horse race = derby.
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 DERBY mean?

DERBY noun
  1. Any of several annual horse races.
  2. (by extension) Any organized race.
  3. A bowler hat.
  4. A local derby.

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