Idea I had: TMC̣ used the logo in https://scratch.mit.edu/projects/435132573/ from 1997-2001, and in 2001, they changed their logo to a version of the original logo that’s in the 2001 style. However, this logo only lasted for about a year, as in 2002, TMC and TMC̣ rebranded to this.
Credit to @TheNewVicChannel, @JoshsAccount, @MontyDoggo, and TF1.