Danny Lefebvre of St-Louis De Gonzague, Que., was competing in a sanctioned race at the speedway at about 8:18 p.m. when his car hit the barrier.
He was transported to hospital where he was pronounced dead.
The Ontario Provincial Police and the Ontario Ministry of Labour are investigating.
A post mortem examination is being scheduled.
It's the second fatal crash at a track in eastern Ontario this season.
Wesley Wallin, 57, died after a crash at the Capital City Speedway on May 21.