Although the channel was based in the United States (its headquarters were located at University Research Park in Charlotte, North Carolina), Speed ceased being available to most American viewers as a standalone network with its own original programming on August 17, 2013, when it was replaced by the general-interest sports network Fox Sports 1.

In July 1995, Times Mirror decided to reassess its media holdings and reduced its stake in the two planned networks to 10%.

[7] Speedvision's initial lineup featured various automotive programs, including various documentary-style series focusing on prolific vehicles, manufacturers, and racing teams (such as Victory by Design and Legends of Motorsport), series focusing on classic automobiles (such as Dream Car Garage, coverage of Barrett-Jackson's auctions, and My Classic Car, which moved to the network from TNN), an AutoWeek-branded television series, along with MotorWeek and Autoline Detroit – two programs respectively syndicated from PBS member stations in Maryland and Detroit.

In the summer of 2001, the Fox Entertainment Group (then a subsidiary of News Corporation) purchased a 30% ownership interest in Speedvision.

In August of that year, Fox negotiated a deal to acquire the stakes held by Cox and Comcast, thus giving them majority control of the network.

[7] To coincide with that year's running of the Daytona 500, Speedvision was relaunched as Speed Channel on February 11, 2002; the network's operations were also relocated from Stamford, Connecticut to Charlotte, North Carolina (where NASCAR and the majority of its teams are based).

Speed Channel also added a weekly call-in show in 2003, WindTunnel with Dave Despain, which featured interviews and discussions relating to news and events in auto racing.

Starting in 2003, Speed began to carry NASCAR's Truck Series, after buying out the remainder of ESPN2's contract for the events.

By the mid 2000s, these came along with an increasing number of reality series (such as the street racing-inspired Pinks, Unique Whips, Chop Cut Rebuild, the drag racing game show Pass Time, American Trucker, and Hard Parts: South Bronx, along with reruns of the MTV series Pimp My Ride).

[9] In 2011, Speed began carrying Australia's V8 Supercars series; it also aired live coverage of the Gold Coast 600 (where major international drivers competed in teams alongside Australian drivers) and the Bathurst 1000 featuring Darrell Waltrip, Mike Joy, Leigh Diffey, and Calvin Fish on-location.

[10] On October 12, 2012, Fox Sports announced that it would not renew its contract to air Formula One racing on Speed after the conclusion of the 2012 season.

Prior to August 2013, Canadian viewers saw a largely identical schedule as the U.S. channel, although some programming, particularly live Formula 1 events, were blacked out to protect TSN, which holds domestic broadcast rights to F1 events (under CRTC rules, foreign services must own Canadian broadcast rights to the content they air).

On November 5, 2012, Speed Latin America was relaunched as Fox Sports 3, whose programming remained focused on motorsports the following years.

From the visionaries who started this network, from maintenance to management, from the talent to the truck drivers, we've shared your passion for motorsports over lo these many years.

[25] For any remaining television providers that did not reach a deal, Fox offered a "watered-down" version of Speed (which consisted of a loop of the network's reality programming and no live events) to fulfill existing carriage contracts until they reached a deal to carry Fox Sports 1.

During hours when the network was not simulcasting FS1 or FS2 coverage, it carried repeats of past events and Speed's previous reality and documentary programming without carrying commercial advertising: commercial breaks consist solely of promos for its programming, with no outside advertising aside from public service announcements and promotions inserted by local providers.

[31] On October 12, 2022, it was announced that Speed co-founder Robert Scanlon was collaborating with Rick Hendrick, Bill Goldberg and advertising industry sales executive Joe Abruzzese to revive the Speedvision brand as a linear channel on FAST (free ad-supported television) services.