The Soap Box Derby is a youth racing program which has run nationally since 1934. World Championship finals are held each August at Derby Downs in Akron, Ohio.

The idea of the Soap Box Derby grew out of a photographic assignment of Dayton, Ohio, newsman Myron Scott . He covered a race of boy-built cars in his home community and was so impressed with this event that he acquired a copyright for the idea and began development of a similar program on a national scale.

The first All-American race was held in Dayton in 1934. The following year, the race was moved to Akron because of its central location and hilly terrain. In 1936, Akron civic leaders recognized the need for a permanent track site for the youth racing classic and, through the efforts of the Works Progress Administration (WPA), Derby Downs became a reality.

Each year since, with the exception of during World War II, youngsters from throughout the United States and several foreign countries have come to Akron with the racers they have built and driven to victory in their home communities. The AASBD has over 350 local events running year round. Participants range from 8 to 17 and approximately 40% are girls. In the past 10 years, overall race participation has tripled.

The goals of the Soap Box Derby program have not changed since it began in 1934. They are to teach youngsters some of the basic skills of workmanship, the spirit of competition and the perseverance to continue a project once it has begun.
The AASBD actively promotes the core values of teamwork with an emphasis on family. Recently the AASBD was named a member of NASCAR's Youth Program Initiative.