Yes, racy is a Scrabble word!
...and is worth 9 points in Scrabble, and 9 points in Words with Friends
racy
Adjective
1. Full of zest or vigor
2. Marked by richness and fullness of flavor
3. Suggestive of sexual impropriety
4. Designed or suitable for competing in a race
What Scrabble words can I make with the letters in racy?
3 Letter Words
2 Letter Words