The channel, purchased by Fox Cable Networks in July 2001, is expected to move to Charlotte, closer to the NASCAR teams and drivers who will provide their unique, in-depth perspective to the new and improved Inside Winston Cup, which will also benefit from FOX Sports' national television partnership with NASCAR.

February 4, 2002 is the re-launch date for the network's new programming and look.

"We have every expectation, that with our enhanced FOX Sports influence, Speed Channel programming and production will continue to be the benchmark for motor sports television," said the network's president Jim Liberatore.

Speed Channel, which celebrates its sixth anniversary in January 2002, is home to much of the world's marquee racing events including CART, F1, Classic Cars, LeMans, the American LeMans Series, World Rally and car shows from around the globe.

Fox Cable Networks is the parent company of FOX Interactive Television, LLC, which produces FOXSports.com.

For more information about Speedvision, go to speedvision.com.