As far as German Fascism is concerned, you are correct wrt exaltation of one race or ethnic group over all others.
I have found reading Peikoff's book "The Ominous Parallels" quite instructive. Well worth the read.
Liberalism is also concerned with race and ethnicity. It is all about exaltation of all other races and genders over one(white males).
I view them as very similar in tactics and ideology. BTW, I've read Mussolini's famous paper on fascism. I am familiar w/ the definition you reference.
Liberalism is also concerned with race and ethnicity. It is all about exaltation of all other races and genders over one(white males).Liberals don't care about race per se. They care about victimhood. Liberalism identifies obsessively with whoever they think is the "underdog". Hence the support for all of the supposedly "oppressed" sections of society(women, minorities, gays etc...). Race only matters as a method of defining victimhood.