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New Broadband Network SPEED2(TM) Set to Launch Summer 2010 More Than a Dozen International Racing Series Slated for Inaugural Online Lineup

CHARLOTTE, N.C., May 10, 2010 (BUSINESS WIRE) -- SPEED2, a groundbreaking new broadband network featuring live, streaming events that will complement the tremendous offerings of the linear SPEED network, is set to launch Summer 2010, it was announced today by SPEED President Hunter Nickell.

A beta version of SPEED2 will be available in June 2010 with a wider consumer debut targeted for July. Available only to SPEED subscribers as an authenticated online network, SPEED2 also will provide a variety of video-on-demand international motor sports content and compelling automotive and motorcycle enthusiast programming.

"NASCAR, the most popular form of motor sports in North America, is the foundation and top priority of the linear network," Nickell said. "Developing SPEED2 provides a dedicated platform for a wider variety of racing, including some of the coolest international events from tracks around the world." Magazine shows, such as Motorsports Mundial and Inside Grand Prix, will be featured on SPEED2, and the network's more than a dozen international racing series includes the Time Trial Xtreme Grand Prix (TTXGP), a race featuring zero-carbon, clean-emission motorcycles. Following is an initial list of the races scheduled exclusively for SPEED2: F F IA GT1 and GT3 (World and European Championship Touring Car IM Enduro World Championship (Long Distance Off-Road Motorcycle Racing Series) Racing) German Touring Car (DTM) Nurburgring 24 (Touring Car Endurance Racing) World Touring Car Championship (WTCC) Formula 2 (Open Wheel Formula Racing) Intercontinental Rally F3 Euroseries (European Open Wheel Developmental Racing Series) British Touring Car Championship (BTCC) VW Scirocco Cup (German Single-Make Racing Series) FIM Motocross World Championship (All-Terrain Motorcycle Racing) TTXGP FIM Supermoto World Championship (Motorcross and Off-Road Racing) "SPEED2 will be at the cutting edge of new media programming," said Mike Biard, Executive Vice President, Fox Networks Affiliate Sales and Marketing. "Our distributors have been seeking more online content to complement their video offerings, and this network will deliver what drives viewership - exclusive live events and dramatic action - all in an authenticated online environment." Both standard and high-definition content will be provided on SPEED2, and the broadband network will also have access to an extensive programming library from SPEED's 14 years on the air, including the popular series American Muscle Car, Behind the Headlights, Back in the Day and Victory by Design.

SPEED(TM), anchored by its popular and wide-ranging coverage of NASCAR, is the nation's first and only cable television network dedicated to automotive and motorcycle racing, performance and lifestyle. Now available in more than 80 million homes in North America, SPEED, a FOX Sports property, is among the industry leaders in interactive TV, video on demand, mobile initiatives and broadband services. For more information, please visit SPEED.com, the online motor sports authority.

Fox Networks Affiliate Sales and Marketing is a unit of Fox Networks Group (FNG) and includes 37 domestic programming services in which FNG holds interests.

Together these networks reach more than 550 million subscribing television homes and represent one of the media industry's largest and most diverse programming groups. Fox Networks Sales and Marketing distributes FX, National Geographic Channel, Nat Geo WILD, Fox Reality Channel, Fox Movie Channel, FUEL TV, FSN and 19 regional cable sports networks, SPEED, Fox Soccer Channel, Fox Soccer Plus,, Fox College Sports, Fox Sports en Espanol and the Big Ten Network (co-venture with the Big Ten Conference). FNG also includes the FOX broadcast network, Fox Digital Media, and Fox Sports Enterprises, which manages interests in sports franchises and leading statistical information provider STATS, LLC.

SOURCE: SPEED CONTACT: SPEED Erik Arneson , 704-501-5795 Earneson@SpeedTV.com or Fox Networks Brian Peterson , 310-369-0009 brian.peterson@fox.com Copyright Business Wire 2010 -0- KEYWORD: United States

North America

North Carolina INDUSTRY KEYWORD: Motor Sports

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