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Speed Feels Need for F1

1/14/2005 3:52 AM Eastern

Speed Channel’s 10th consecutive year of Formula One Grand Prix racing coverage starts its engines with the season-opening Australian Grand Prix March 5 at 9:30 p.m. (EST), the network said Friday.

Speed will air 15 of the series' 19 events live, including live coverage of qualifying for all 19 events and weekend race replays Sundays at 12:30 p.m.

The network will also rebroadcast four additional races scheduled to air on CBS in 2005.

Veteran broadcaster Bob Varsha returns to head Speed’s team, joined by David Hobbs, Steve Matchett and Peter Windsor.

“F1 racing is a very integral part of the heritage of this network," president Jim Liberatore said in a prepared statement. "When Fox purchased Speed in 2001, one of the first things we went to work on was a multiyear deal with F1, recognizing its importance to our viewers.”

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