Hi Rick!

There are two issues to grapple with. One of them has been outlined by Rick already (more in a moment). The other is that faster speeds are generally less tolerant of greater depth. This is why so many chorus pedals have a speed/rate AND depth/width control, so that sweep width can be dialed back when speed is increased.
The schematic shows that the depth switch simply connects a 2k7 resistor to ground to bleed off some of the LFO amplitude or conserves it by lifting that ground connection. Here's my suggestion for a foot-switchable fast/slow. (Many thanks to EHX for the basic drawing that I modded.

The LFO speed is partly dependent on the resistance provided by the 1M pot and series 47k resistor. The lower/smaller the resistance, the faster the speed. If we split that 1M into a pair of 500k/470k pots one can set a maximum/slow resistance and the other set a minimum/fast resistance. Bridging the "slow" speed pot reverts to whatever the fast one is set to. Since they are in series with each other, the slowest possible speed occurs when they are both enabled and set to their highest resistance value.
I've replaced the 2k7 bleed resistor for depth-setting with a 5K pot. This allows the person to dial in how much LFO depth they wish to preserve for faster speeds.
The whole thing provides for fast and slow presets, actuated with a DPDT switch. Closing both sets of contacts at the same time gets you the faster speed with the desired amount of LFO depth reduction. If you want it foot-switchable, then I suggest a standard 3PDT stompswitch, with the 3rd set of contacts used to light up two different-coloured LEDs, to let you know what speed range is active.