From the story in today’s Hollywood Reporter:
“We wanted to make sure that it was not the Speedy of the 1950s — the racist Speedy,” said the comedian’s wife Ann Lopez, who will serve alongside him as a producer. “Speedy’s going to be a misunderstood boy who comes from a family that works in a very meticulous setting, and he’s a little too fast for what they do. He makes a mess of that. So he has to go out in the world to find what he’s good at.” That path becomes clearer once Speedy befriends a gun-shy race-car driver.
“The racist Speedy”? Pardon me, but the Speedy I know from the 1950s cartoons was a hero, a champion. I would suggest the writers watch a few of the cartoons before inventing a scenario from whole cloth.