  It is shown that racetrack inflation can be implemented in a moduli
stabilisation scenario with a supersymmetric uplifting D-term. The resulting
model is completely described by an effective supergravity theory, in contrast
to the original racetrack models. We study the inflationary dynamics and show
that the gaugino condensates vary during inflation. The resulting spectral
index is n_s = 0.95 as in the original racetrack inflation model. Hence extra
fields do not appear to alter the predictions of the model. An equivalent,
simplified model with just a single field is presented.
