In 1994, I-80 Speedway, a 4/10ths mile dirt track began operations, featuring weekly racing and sprint car specials. In 2001, the track was purchased and renamed Nebraska Raceway.

In 2004, Land Developers Inc. purchased the track, and is the present owner. In August 2004, Little Sunset Speedway, a 1/8th mile karting facility was added behind the main grandstand of the speedway.

In the spring of 2005, the Soaring Edge Motocross facility was open but was closed in 2009. The 4/10ths mile track was renamed I-80 Speedway and the entire facility was renamed Nebraska Raceway Park in 2005. In 2011, Little Sunset Speedway was enlarged with a wider racing surface and higher banking and will be featuring Mini Sprint and other classes in addition to go-karts.

During its history, I-80 Speedway has played host to a number of touring series including the ARCA series, the World of Outlaw Sprint Cars, ASCS Midwest Sprint Cars, Sprint Bandits Tour N’Topless, Hav-A-Tampa, UMP Summer Nationals, the Busch All-Star Tour, MLRA, NCRA, WDRL, TORA and MARS. Many of these series compete in annual events such as the Alphabet Soup Race, the Midwest Trifecta and the Cornhusker Classic. It is also home base to the SLMR, an area Super Late Model Series now in its fourth year.

On July 21, 22 & 23 it will play host to the largest dirt late model race in Nebraska Racing History with the inaugural running of the Silver Dollar Nationals. That race will pay $25,000 to win and $1,000 to start. The track continues to host weekly racing featuring the NASCAR Whelen All American Series.