Screen played a key role in Britain reaching last year's final at Poole before controversially withdrawing because he felt the track didn't suit him.
Stead, 23, has made a big impression in his first season in the Elite League.
The squad includes Scott Nicholls (Coventry), Mark Loram (Arena Essex) and Gary Havelock (Peterborough).
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Screeny has been a great rider in his time but his best days are now behind him. He should have got closer to becoming world champion though. Stead isn't ready just yet but has a good deal of potential. Is it just me but when I see Richardson and Nicholls as our best riders, I really do despair for Britain's chances