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A History of Speed

1995

Speedvision launches on Dec. 31 under the ownership of Comcast Corp., Cox Communications, Continental Cablevision, AT&T and Times Mirror.

1998

Fox/Liberty Networks purchases a one-third stake in Speedvision and Outdoor Life Networks for about $100 million.

2001

News Corp.’s Fox Cable Networks Group obtains a majority ownership of the channel.

2002

The Craftsman Truck Series moved to Speed Channel from ESPN and ESPN2 in 2003.
Photo by: GETTY IMAGES
Speedvision changes its name to Speed Channel in February and moves its headquarters from Stamford, Conn., to Charlotte.

Speed Channel earns a 1.02 rating for live coverage of NASCAR Winston Cup practice at Talladega, the first time the network broke 1.0 for a single airing of a program.

2003

The NASCAR Craftsman Truck Series moves to Speed Channel from ESPN and ESPN2.

2005

Speed debuts in 500,000 homes in Latin America on July 1.

Speed showed its first live in-season Nextel Cup event, the Nextel All-Star Challenge, in 2007. Kevin Harvick celebrated after winning the Charlotte race.
Photo by: GETTY IMAGES
2006

Dale Earnhardt Jr.’s Hammerhead Entertainment and Speed reach a deal for Earnhardt to host “Back in the Day,” a 30-minute television program.

2007

The first live in-season NASCAR Nextel Cup event, the Nextel All-Star Challenge, is broadcast on the network. The Gatorade Duels were shown live earlier in the year.

2008

Speed relocates its offices across town to its current headquarters in north Charlotte.

Speed and Phoenix International Raceway unveil the first Speed Cantina, a branded bar, grill and entertainment center near Turn 2.

2010

Speed Australia is unveiled in November.

Speed launches its Speed2 broadband network.

2012

In October, Fox Sports and NASCAR extend the channel’s broadcasting deal through the 2022 season for more than $2.4 billion over eight years.

Speed loses Formula One broadcasting rights in the U.S. to NBC, ending a 17-year run on the network.

2013

On March 5, Fox Sports announces it will relaunch Speed as Fox Sports 1 on Aug. 17.

Source: SportsBusiness Journal research

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