Scientists Find Red Wolf DNA in a Unique Group of Wild Dogs in Texas
gizmodo.com
gizmodo.com
What we can tell is that there is a lot of mixing going on in the American canines. There probably always has been and to artificially try to stop it and preserve the snapshot of species that we saw when we got here is fool-hearted and against how nature works.
[1]: https://www.amazon.com/Coyote-America-Natural-Supernatural-H...
There are other good reasons to meddle, but this is not one of them.
Maybe this discovery will lead to something positive for the their species.
They aren't a species. Wolves (red and grey), dogs, and coyotes are all technically the same species, since they can freely interbreed and produce fertile offspring (unlike horse-donkey offspring, mules, which are sterile).
The reality is that there is no good definition of species, and cannot be. Yours is a common one, but has a lot of problems - declaring wolves and pomeranians the same species is a tough bridge to cross for most people: you've made the definition so broad it means little. Biology is messy and in the real world there are no clear-cut, convenient dividing lines.
Another problem with that definition is that there is no transitivity in real biology. Animal A and Animal B may be able to produce fertile offspring. Animal B and Animal C may be able to produce fertile offspring. But Animal A and Animal D [a sibling of Animal C, thanks KMag for that point!] may not be able to.
Of course, we also would find it strange to declare that two humans incapable of producing fertile (or any) offspring different species.