Crossword Genius

Concedes after victory in bike races in comparable places (4,5)

Ross

I believe the answer is:

twin towns

'comparable places' is the definition.

'concedes after victory in bike races' is the wordplay.
'concedes' becomes 'owns'.
'after' is a charade indicator (letters next to each other).
'victory' becomes 'win' (I've seen this before).
'in' indicates putting letters inside.
'bike races' becomes 'tt' (Isle of Man TT motorcycle races).
'win' put within 'tt' is 'twint'.
'owns' put after 'twint' is 'TWIN TOWNS'.

'in' is the link.

I've seen this clue in The Independent.
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