Empty Cruise is absolutely right. There's a total misconception, in many UK FTOs, about sector 1 entry in a race track procedure. What they teach is nothing but a sector 1 entry in the hold followed by the outbound leg of the race track procedure from the beacon overhead (as described by Beagle).
As far as PAN-OPS is concerned, you can perform a sector 1 entry in the racetrack, then, having intercepted the FAT, you can descend with the procedure as you are already on the final approach track.
It took me a while to convince a CAAFU examiner but I never convinced the then Head of Standards at the FTO I was working for...
Edited cause my brain was on strike earlier...