BREAKING NEWS: Eldora Speedway owner Tony Stewart Invests $15.8 Million to Transform House Into Shelter for Homeless Youth in…..

In a stunning and heartfelt move that’s already drawing nationwide praise, NASCAR legend and Eldora Speedway owner Tony Stewart has announced a $15.8 million personal investment to transform his sprawling childhood home in Indiana into a state-of-the-art shelter and support center for homeless youth.

The 3-time NASCAR Cup Series champion, known for his grit on the track and no-nonsense personality, revealed the news this morning during a press conference held at Eldora Speedway. Flanked by local officials and youth advocates, Stewart shared emotional reflections on his own upbringing and the urgent need to provide safety, stability, and opportunity for vulnerable young people.

“I grew up with people who looked out for me, believed in me, and made sure I had a place to sleep at night,” Stewart said. “Not every kid gets that. This is about giving them the same chance I had – a shot at something better.”

A Home Reimagined

The property, located in Columbus, Indiana, spans over 20,000 square feet and sits on 40 acres of land. Once a private residence for Stewart and his family, the home will now be transformed into a comprehensive transitional housing facility. Plans for the site include:

  • Emergency and long-term beds for up to 60 youth aged 12–21

  • Mental health counseling and addiction recovery services

  • Educational and job training programs

  • On-site mentoring, recreation areas, and wellness facilities

  • A 24/7 staffed crisis response team

Construction is set to begin in early summer, with a projected opening date in the spring of 2026. Stewart is partnering with local non-profits and the Indiana Department of Child Services to ensure the shelter operates with trauma-informed care principles and youth-first governance.

A Growing Crisis

Indiana, like many states across the country, has seen a surge in youth homelessness in recent years. Experts point to a combination of family instability, aging out of foster care, and economic hardship as leading causes. Advocates say Stewart’s high-profile commitment could bring renewed attention and resources to a critically underfunded issue.

“This is the kind of leadership we desperately need,” said Kendra James, Executive Director of Indiana Youth Outreach Alliance. “Tony’s gift goes beyond bricks and mortar. It sends a message to these young people that they matter.”

More Than Racing

Though Stewart has built his legacy on speed and horsepower, his off-track contributions have quietly expanded in recent years. He’s supported animal welfare initiatives, veteran charities, and grassroots racing programs across the U.S.

Still, this project marks his most ambitious philanthropic undertaking to date.

“This isn’t a one-time donation,” Stewart added. “This is a commitment. These kids are my team now.”

As word spreads across the racing world and beyond, supporters are applauding the move as a game-changer for youth services in the Midwest.