Willie Nelson will relaunch XM Satellite Radio's traditional country station, Hank's Place, on July 10 when it officially becomes known as Willie's Place. "I've been a fan of XM and Hank's Place since the very beginning," Nelson says. "They put a lot of thought and hard work into making the channel sound as good as it does, so I feel privileged to be a part of it." Willie's Place will eventually broadcast from a new studio to be built in 2007 in Nelson's new biodiesel truck stop in Carl's Corner, Texas. On Tuesday (July 4), XM will also air Nelson's annual Fourth of July Picnic concert live from Fort Worth, Texas.