Faulkner has kept this story strictly linear, straight first person narrator, starting with a dramatic opening scene, then continuing with setting up of environment while introducing his characters and their relationships. Pretty straightforward writing style here, and except for the rather overbloated detail of setting up the story, the only literary element missing was a more intense pace.
Now we are starting, with the theft of the automobile, the new characters of the ladies, and the trading of the automobile for a horse that needs to learn how to run and win a race, to have some much-needed action. Now I'm not one who needs action, but we did need something by way of strong conflict at this point of the story, and we get this in the rush to meet a deadliine and the underlying threat to all if they cannot win back the car.
Faulkner is still Faulkner, however; we are gradually finding quite an interesting character developing in Lucius, the eleven year-old narrator. We have already seen him change the character of Boon, and of Miss Corrie. We have seen a change in him as he struggles to become worldy-wise while retaining his own sense of ethics.