Incorrect. SPEED buys the rights to the reality shows or produces the reality shows. ARCA, Feld Motorsports, Lucas Oil and Monster Energy (along with other racing divisions) buy airtime on SPEED. SPEED makes a profit out of airing ARCA, Monster Jam, Lucas Oil and AMA Supercross.
The problem is, racing divisions can no longer afford the prices SPEED asks. In 2001, ARCA was able to get its entire schedule on TNT, FOX and Speedvision. Once Speedvision became SPEED, it's something ARCA could no longer afford. Same with USAR and etc. Many of these divisions are looking for new homes. Lucas Oil now airs most of its programming on MavTV and some of its programming on NBC Sports Network. Lucas Oil has even managed to buy Sunday afternoon CBS Sports airtime on CBS nationwide. USAR went to MavTV until their demise (CARS took this series over). AMA is putting more and more programming on MavTV, CBS and NBC Sports Network.