This is the 12345th most frequent German word.
veteran
A person with long experience in a particular field or a former soldier.
Here, 'Veteran' refers to a person who has served in the military, often in active combat, and possesses experience due to this service.
Der Veteran erzählte von seinen Erfahrungen im Krieg.
The veteran told of his experiences in the war.
In this context, 'Veteran' is used metaphorically to describe someone who is highly experienced and recognized in a non-military field (the art world).
Er ist ein Veteran in der Kunstwelt und hat viele Ausstellungen organisiert.
He is a veteran in the art world and has organized many exhibitions.
Here, 'Veteran' is used to personify an object, the car, implying it has ‘experience’ due to years of active involvement in racing.