Applaudable promiscuity: Racemase‐type activity discovered for B. cepacialipase with N‐substituted α‐aminonitriles is proposed to involve a CC bond‐breaking/forming mechanism in the hydrolase site of the enzyme, as supported by experimental data and calculations. This promiscuous activity in combination with the transacylation activity of the enzyme enabled the asymmetric synthesis of N‐methyl α‐aminonitrile