The memorial feature will headline a packed racing program that also includes Junior Sedans, Standard Saloons, Sports Sedans, Ladies Sports Sedans, Production Sedans and Humpy Holdens.
Racing is scheduled to begin at 3pm and run through until 10:30pm, promising an afternoon and evening of high-speed action.
Fans who arrive early will have the opportunity to take part in the popular pit walk, where spectators can get up close to the race cars and meet the drivers.
The experience gives fans a chance to collect autographs, purchase merchandise, take photos with their favourite racers and even sit in a race car.
A strong field is expected for the Colin Young Memorial finale.
Regular front-runners Ben and Tommy Schmetzer will be among the contenders alongside Marty Bassett, Brandan Lovell, Mitch Watts and Nathan Shortis.
The Corowa-Rutherglen Speedway Club will also be well represented with Alex Nichols, Chloe Creek, Team Joosten and Luke Collis set to compete.
Shortis, who has claimed numerous victories over the past few seasons, will enter the event as a slight favourite based on recent form.
However, with the depth of talent in the field, the final result remains wide open.
Rising young drivers Kade Brockley and Lucas Williams will again take to the track in the Junior Sedans, joined by competitors travelling from the Goulburn Valley and Yarra Valley regions.
In the Standard Saloon ranks, Michael Fleming-Robertson returns fresh from competing against a 70-car field at the Victorian title in Ballarat last weekend.
He will lead a field that includes Corowa members Russ Stone, Harley Matthews and Rhyse Lavender, along with visiting competitors from Wangaratta, Mount Beauty and Nagambie.
Public gates will open at 11am, with racing commencing from 3pm.
A full canteen will be operating on site, offering hot and cold food and drinks throughout the day.
Admission prices are $25 for adults, while aged pensioners and children aged 12–16 can enter for $15.
Children under 12 receive free entry.
Family tickets are available for $60, covering two adults and up to three children aged 12–16.
Australian Defence Force veterans receive free entry.
For enquiries, contact Brendon Eames on 0400 126 487.