Texasnewf
The only dumb question is the one that is not asked.
There are two types of motor controllers available for the hp range of interest here. There are the DC controllers that work with DC motors. They vary the voltage applied to the motor. The physics relating to how the DC motor works causes the motor speed to follow the voltage. There are the 3-phase controllers (AKA VFD. ASD). They vary the frequency of the voltage applied to the motor. The physics relating to how the 3-phase induction motor works causes the motor speed to follow the input frequency.
I don't believe that anyone has come up with a practical way to control the speed of a single-phase induction motors of this size. It would be quite a lucrative breakthrough for whoever does it. There are controllers but they are only for small, fractional-horsepower single-phase motors, like those found in hand held appliances. These controllers will not work on induction motors like what you would have on your Grizzly.
Phil