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schraderracing.comKenneth William Schrader, born on May 29, 1955, in Fenton, Missouri, is a distinguished American professional racing driver. With a career spanning over five decades, Schrader has showcased his versatility across various racing disciplines, including NASCAR’s premier series, ARCA, and numerous local dirt and asphalt tracks. His enduring passion for motorsports and significant contributions to the racing community have solidified his legacy as a respected figure in American auto racing.
Charitable Work and Legacy
Ken Schrader’s contributions to motorsports extend beyond his achievements on the track. Through team ownership and mentorship, he has played a significant role in nurturing young talent and promoting the sport’s growth. His dedication to racing and his efforts to give back to the community have cemented his legacy as a respected and influential figure in American auto racing.
Notable Works and Achievements
Throughout his NASCAR career, Schrader secured four Cup Series victories and 23 pole positions. Notably, he won the Busch Clash in 1989 and 1990 and earned the pole position for the Daytona 500 three consecutive times from 1988 to 1990. His versatility was further demonstrated by his participation in various racing formats, including dirt and asphalt tracks, showcasing his adaptability and passion for the sport.
Personal Life and Relationships
Ken Schrader is married to Ann Schrader, and together they have two children: Dorothy and Sheldon. The family resides in Concord, North Carolina. Schrader’s family has been a cornerstone of support throughout his racing career, often accompanying him to events and being actively involved in racing activities.
Career Beginnings and Key Milestones
Schrader began his racing career in 1971, quickly making a name for himself in local circuits. His talent and determination led him to the United States Auto Club (USAC) series, where he achieved significant success. In 1982, he clinched the USAC Silver Crown Series Championship, followed by the USAC Sprint Car Championship in 1983. These accomplishments opened doors to NASCAR, where he debuted in the Cup Series in 1984.
Current Relevance and Recent Updates
After retiring from full-time NASCAR competition in 2013, Schrader remained active in the racing community. He continued to compete in local races and took on roles such as team ownership and mentorship. In 2023, Schrader participated in 65 races, underscoring his enduring commitment to motorsports.
Net Worth and Lifestyle
As of 2024, Ken Schrader’s net worth is estimated at approximately $25 million.
Early Life and Family Background
Ken Schrader was born and raised in Fenton, Missouri, a suburb of St. Louis. Details about his family background and education are not publicly disclosed. His early exposure to the racing culture in Missouri played a pivotal role in shaping his future career.
His wealth primarily stems from his extensive racing career, team ownership, and various business ventures, including ownership of racing tracks such as I-55 Raceway in Pevely, Missouri, and co-ownership of Macon Speedway near Macon, Illinois. These investments reflect his deep-rooted passion for racing and his commitment to fostering the sport at grassroots levels.
- Full Name: Kenneth William Schrader
- Date of Birth: May 29, 1955
- Place of Birth: Fenton, Missouri, U.S.
- Nationality: American
- Education: Not publicly disclosed
- Career Beginnings: Started racing in 1971
- Notable Works: 1982 USAC Silver Crown Champion, 1983 USAC Sprint Car Champion, 4 NASCAR Cup Series wins
- Relationship Status: Married
- Spouse: Ann Schrader
- Children: Two: Dorothy Schrader, Sheldon Schrader
- Net Worth: Approximately $25 million
- Major Achievements: 1985 Winston Cup Series Rookie of the Year, 1989 & 1990 Busch Clash Winner, 1988-1990 Daytona 500 Pole Winner
Future Plans and Impact on Culture
Schrader continues to be an active participant in the racing world, both as a competitor and mentor. His ongoing involvement in various racing events and dedication to the sport serve as an inspiration to aspiring drivers and racing enthusiasts alike. Schrader’s influence on motorsports culture is evident in his commitment to racing excellence and his efforts to foster the next generation of racers.
Disclaimer: Ken Schrader: Age, wealth data updated April 2026.