Once the police write the ticket for speed they cannot change the ticket to reckless operation of a motor vehicle. However, they could either (a) issue a new ticket for reckless operation of a motor vehicle or (b) ask the trial judge to suspend your license by deciding that your conduct "relates to reckless operation of a motor vehicle" and warrants a license suspension.
First offense speed violations are a fine of up to $150.00, court costs, and 2 points on your driving record. Second offense or more within one year can result in jail time. If the ticket is written under a local Municipal Code, rather than under the State Revised Code, the penalties may be more severe.