So SPEED is going away from cars and racing shows. Really! I thought they already had. SPEED has been a joke way too long and so has FOX Network. Speed has so few shows I want to even concider watching these days, and ESPN basically covers Football, Basketball, and Baseball. Sure they throw in a few other things but for the most part it isn't Everything SPorts Network anymore. Throw in FOX's news which isn't news anymore but political affirmation TV and my conclusion is FOX is not relevant to my needs anymore. Here is the news about SPEED:
The live coverage of the Barrett-Jackson Scottsdale auction that many in the collector-car community look forward to every January may be coming to an end, at least in its current form on SPEED TV. It’s an open secret in the broadcast cable industry that Fox Sports, which owns SPEED, plans to transition the auto- and motorsports-focused network into a new all-sports channel, tentatively called Fox Sports 1, possibly by the end of this summer.
Industry sources view the plan as a bid to change SPEED, which reaches 81 million households, into a direct competitor to ESPN. Fox Sports has been showing sports marketing executives a video outlining the new channel’s content, built around existing Fox rights agreements with the NFL, Major League Baseball, NASCAR, NCAA basketball and football, and the Ultimate Fighting Championship.
We reached out to Fox Sports executives to comment on their plans and received no reply to our email inquiries. However, we did receive some interesting information from Sports Business Daily, which, like Hemmings, is a unit of American City Business Journals, based in Charlotte. Last month, SBD reporter Tripp Mickle filed a story on the uncertainty faced by racing organizations, including the World of Outlaws, Lucas Oil Off Road Racing and AMA Pro Flat Track, about their immediate broadcast future. Mickle’s story quoted NHRA president Tom Compton as predicting that smaller or grassroots racing may end up being squeezed out by bigger players like NASCAR. Lucas Oil bought its own cable channel, MavTV, last year, but so far, it’s only in 6 million homes.
Where the changes may leave Barrett-Jackson remains to be seen – Barrett-Jackson declined to comment on the topic. However, it’s worth pointing out that television coverage has become a vital factor in Barrett-Jackson’s success over the last decade (indeed, Mecum has adopted the strategy by airing its auctions on the Velocity channel), so we don’t see Barrett-Jackson foregoing television coverage any time soon.