During World War 1, there was an arm race because there was war and that countries had to protect themselves, but in your question, yes there was an arm race between the British and Germany.
I hope this has helped. I'm not a historian, you might have to look into that.
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they were in an arms race because britain had created a ship called the dreadnought which was made out of a really srong metal! then Kaier Wilhelm of germany got really jelouse then started to build there own dreadnought and tryed to out doo britain. sorry 'bout spellin'
Alliances greatly strengthened some countries, forcing others to increase their war budgets to prepare for contingencies. The Arms Race was significantly between Germany and the United Kingdom of Great Britain.
During the naval arms race between Britain and Germany from 1897 onwards Britain stated that it would match the increase in the size of the German navy by building double the number of battleships and other capital that Germany built.
Britain
There started a race to build new battleships between Britain and Germany. Although Britan's navy was the largest in the world, she was worried about the growing size of the German navy. so, Britain built 29 dreadnoughts from 1906 to 1914, Germany built 17 from 1908 to 1914. As Germany started to build a large battlefleet to challenge British supremacy, the tension between the two countries increased too. This arms race began in the 1890s.