Don't know. I can't answer for others and I can't answer for myself as I saw the photo after the outrage, so the racist message was already implanted.
I'm not a Baker fan and never listen to his shows, however, he has given his explanation on what he meant and a few people have said that he uses the chimps in suits phrase regularly about the rich and privileged.
I've taken him at his word and believe this was not racist.