Anderson and Newman made the announcement Tuesday afternoon during the Cup Series test at the Charlotte Motor Speedway road course, where they unveiled the No. 3 Chevrolet Newman will drive.
Newman will be sponsored by VRX Simulators.
Newman will make his seventh career Truck Series start and his second at the dirt track in Rossburg, Ohio.
Newman competed in the inaugural Eldora race in 2013 and finished third.
The Richard Childress Racing driver has finished in the top five of every one of his Truck starts, including a win in his series debut in 2008 at Atlanta Motor Speedway.
“It’s kind of going back home, it’s going back to dirt racing. I enjoy all of that,” Newman said. “Ultimately, it’s just a good experience, it’s a lot of fun. I’m glad NASCAR has put a Truck race on the dirt. Still look forward to a Cup race on dirt at some point. I don’t know if it will be next year or 10 years down the road, but I might come out of retirement at some point for that one.”
Newman and Anderson, who has 68 series starts since 2014, were connected through a mutual friend.
“There’s a lot of things that have happened in this sport since (his last Truck start) with the spec motor deal and all that stuff,” Newman said, “It kind of commonizes some of the sport, which is good for some people, like Jordan who doesn’t have a huge budget, but it gives us the opportunity to work together. Him to gain some experience. … He’s got a lot of respect for me and my past, him being a college graduate and all that stuff says a lot.”
Anderson has competed full-time this season prior to Eldora. Through 11 races his best finish is ninth at Daytona.
The 27-year-old driver has made one Eldora start. He finished 32nd in 2016 due to engine problems.