It looks like Speed channel is going to be rebranded as Fox Sports 1 and there will be no more F1 coverage. Just what we need, another all sports channel. Hopefully Shaw doesn't carry it.
"The departure of F1 comes as Fox Sports moves closer to rebranding its motorsports network into a broad-based national sports network. Fox has not commented on the rebranded channel, expected to be called Fox Sports 1, but it is expected to be heavily utilized in the eight-year television contract announced earlier this month with Major League Baseball."