No one can sustain their absolute maximum speed for a very long time. I haven't really studied this stuff, but just attaining those speeds and sustaining them for short bursts requires (chemically) different energy systems than does sustaining a speed for a longer period. Given human biology it's pretty much impossible to sustain the maximum speed you can attain for, say, 4 minutes. Part of that is an anaerobic vs. aerobic systems thing, but there other systems at play I believe.
If you increase your raw, maximum speed, so reasoning would easily flow, then it should be easier to sustain a given speed lower than your new maximum speed, maybe closer to your old maximum speed, provided the same level of endurance.
If someone can run at 4:20/mi pace, but only for a few seconds, it wouldn't be considered "speedy" compared to someone who can run at 2:55 min/mi pace for 11 seconds (roughly 100m). People are referring to their speeds at varying distances, and a "fast" pace for a mile is wildly different that a "fast" pace for a short sprint.
I think this addressed your concern but I'm not sure of how clear it came out.