Simplify the following text for a Grade 5 native English-speaking person.
Original: Russell William Wallace , Jr. ( born August 14 , 1956 ) is a former broadcaster on ESPN , car owner in the Nationwide Series , and a former NASCAR Winston Cup Series driver .
Simplified: Russell William Wallace , Jr. ( born August 14 , 1956 in Fenton , Missoui ) is a retired American race car driver .