What do you mean by "race free"? Do you mean the code expects to be run in multiple threads and uses the tools provided by Python, such as locks, mutexes, and semaphores, to ensure thread safety, and has been tested to ensure that it is race free when run multi-threaded? If that is what you mean, then yes, of course such code will still be race free without the GIL, because it was never depending on the GIL to protect it in the first place.
But there is a lot of pure Python code out there that is not written that way. Removal of the GIL would allow such code to be naively run in multiple threads using, for example, Python's support for thread pools. Anyone under the impression that removing the GIL was intended to allow this sort of thing without any further checking of the code is mistaken. That is the kind of thing my comment was intended to exclude.