USF1 receives backing from YouTube

[BudVlad]

The new Team US F1 has pulled off a major coup by securing the services of YouTube co-founder and CEO Chad Hurley for its 2010 assault on grand prix racing, as AUTOSPORT predicted.
Following weeks of speculation the USF1 team has completed a deal with video sharing website YouTube ahead of its first season on the Formula One grid next year.

[MuchMoore]

What does this mean exactly? Primary sponsor?

[MadMan77]

Originally Posted by MuchMoore

What does this mean exactly? Primary sponsor?

That and probably some sort of streaming feed of the races most likely. Maybe even live feeds.

[BudVlad]

Originally Posted by MuchMoore

What does this mean exactly? Primary sponsor?

The details of the deal are not public, but Hurley is the primary investor of the team.
Hurley says: “Getting in on the ground floor of a project of this size and scope is a tremendous opportunity, and I look forward to helping shape the US F1 vision and corporate strategy for years to come.”

[dmooreco]

Originally Posted by MadMan77

That and probably some sort of streaming feed of the races most likely. Maybe even live feeds.

I doubt that Bernie would allow that, but money talks with him $$$$$$

[MadMan77]

Originally Posted by dmooreco

I doubt that Bernie would allow that, but money talks with him $$$$$$

Oh, I have no doubt A LOT of money is involved.

[335fourdoor]

Originally Posted by BudVlad

The new Team US F1 has pulled off a major coup by securing the services of YouTube co-founder and CEO Chad Hurley for its 2010 assault on grand prix racing, as AUTOSPORT predicted.
Following weeks of speculation the USF1 team has completed a deal with video sharing website YouTube ahead of its first season on the Formula One grid next year.

that means we'll see even more of Google!