In 2004, the North Lincolnshire Council offered a 10-acre plot of land on Normanby Road to the Scunthorpe speedway team and work began on creating a new venue. Promoters Rob Godfrey and Norman Beeney opened the track for practice in 2004 before the first speedway meeting was held on 27 March 2005, ending a twenty-year absence of speedway in Scunthorpe. The Scorpions took their place in division 3 (the 2005 Speedway Conference League).[2]
In 2008, used car dealership Eddie Wright entered into a 29-year sponsorship deal with Scunthorpe Scorpions to rename the track the Eddie Wright Raceway.[3]