This was news to me, but, the children are always the last to know.
Apparently, Fox, owners of SPEED intend convert SPEED into FOX SPORTS 1, which will broadcast all sorts of national sports, as well as F1, while sending the remaining automotive-related programing to the FUEL station.
According to Wikipedia, FOX figures that it already has a builtin viewership with SPEED, and can use that as a stronger vehicle to launch its own sports network.
I wonder if I'm gonna have to buy yet another tier on my cable system?