Tony Stewart’s business partner has sold the famous ‘Mini Eldora’ racetrack.

Federated Auto Parts Raceway at I-55, affectionately known as “Mini Eldora,” has been a cornerstone of Midwest dirt racing since its inception in 1979. The high-banked, third-mile clay oval in Pevely, Missouri, has hosted numerous prestigious events, including the Ironman 55 and the World of Outlaws Sprint Car Series. For the past three decades, the track has flourished under the stewardship of NASCAR veteran Ken Schrader and his business partner, Ray Marler.

Recently, Schrader and Marler announced their decision to sell the iconic racetrack to Josh Carroll, a prominent figure in the dirt racing community. Schrader explained that the decision was influenced by Marler’s age—at 86, he felt it was time to pass the torch. Carroll, known for his successful management of the Brownstown Bullring in Illinois, approached the duo with interest in acquiring the track. Schrader expressed confidence in Carroll’s capabilities, stating, “We felt we were leaving it in really good hands.”

Carroll’s family has a rich history in racing, having previously owned Godfrey Speedway near St. Louis. Under his leadership, the Brownstown Bullring has gained recognition for hosting marquee events like the MARS Series Brownstown 100 and the B-Mod Nationals. Carroll expressed his enthusiasm for taking over Federated Auto Parts Raceway at I-55, stating, “This track has an incredible history and a loyal fan base… I’m humbled to build on their legacy.”

The sale marks the end of an era for Schrader and Marler, whose dedication transformed the track into a premier racing destination. Reflecting on the transition, Schrader noted the emotional weight of the decision but emphasized the importance of ensuring the track’s continued success under new leadership. He acknowledged the significance of local tracks, stating, “Everybody’s local track is the most important track there is.”

As the 2025 season approaches, Carroll plans to implement upgrades to enhance both the racing experience and fan amenities, ensuring that Federated Auto Parts Raceway at I-55 remains a beloved venue in the dirt racing community.

For more insights into the sale and its implications, you can watch the following video:

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