Speed Up was founded in 2010 by Luca Boscoscuro to coincide with the introduction of the Moto2 class in the FIM World Championship. In its inaugural season the team competed using a Speed Up S10 motorcycle built around an FTR Moto M210 frame. The S10 achieved three race wins in 2010, with Andrea Iannone and Gabor Talmacsi sharing riding duties. The following year the team switched to an FTR M211 chassis ridden by Pol Espargaro and Valentin Debise.
In 2012, Speed Up began constructing its own chassis, designated the S12, marking the company's transition from team to constructor. The S12 was supplied to Andrea Iannone's Speed Master team as well as being entered by Speed Up's own squad with Mike Di Meglio. Iannone achieved two victories with the new frame and the QMMF Racing Team switched to Speed Up frames during the same season, demonstrating early confidence in the in-house design.
The SF13 followed in 2013, fielded by three separate teams — Forward Racing, AGR, and QMMF Racing Team — without a factory Speed Up entry. The SF14 debuted in 2014 with Sam Lowes joining Speed Up's works entry while the QMMF team continued as a customer. Anthony West gave the SF14 a race win at the Dutch TT for the QMMF outfit.
The partnership with Sam Lowes produced Speed Up's most prominent individual results. In 2015, Lowes finished fourth in the final championship standings — the only non-Kalex rider in the top 14 — having taken a race win at the Circuit of the Americas. The result confirmed Speed Up as the most viable alternative to the dominant Kalex machinery on the grid.
In 2016, with Lowes having departed to Gresini Racing ahead of a MotoGP contract for 2017, Speed Up entered Simone Corsi as its works rider alongside the QMMF team's continued customer programme with West and Julian Simon.
Beginning with the 2021 season, Speed Up Racing took the decision to rebrand its factory-produced prototype frames under the Boscoscuro name. The reasoning was to create a clearer differentiation between the Speed Up racing team — which continued to compete in Moto2 — and the separately marketed chassis kits supplied to other teams. The Boscoscuro brand carried the constructors' work forward while the Speed Up team identity remained as the racing operation.
Speed Up's significance in Moto2 lies in its sustained ability to challenge the Kalex monopoly over a period when nearly every other competing constructor was marginalised or exited the market. Where Suter had dominated the class's first three seasons before receding, Speed Up maintained a presence on the result sheets through technical development across successive chassis generations.
The company's origins in Vicenza under founder Luca Boscoscuro — himself a former Grand Prix rider — illustrate the pathway from competitor to constructor that characterises several smaller manufacturers operating within the controlled-engine framework of Moto2. The eventual adoption of his own name for the chassis, via the Boscoscuro rebrand, completed that personal connection between founder and machinery.