Preparing or being prepared for a race. Usually a bike race and involving practices directly opposite to those of professional athletes or the keen types who think they actually have a chance of troubling the scorers at the sharp end of the pack.
To be RaceReady requires as much dedication and determination that's found in your average Olympian.
RaceReady can also apply to your equipment, a muddy bike will only require a once over with a stiff brush to be fully RaceReady
Gorging on pancakes and coffee on the morning of an event or quaffing half a dozen light ales the night before would render the (non)athlete RaceReady