YouTube co-founder Chad Hurley is putting some of his fortune into Formula One as primary investor in the new U.S. F1 team due to enter the sport next season.
“I am thrilled to be a part of America’s first Formula One team in more than 40 years,” the multi-millionaire told the autosport.com website.
“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.”
Hurley, CEO of the video-sharing website that was sold to Google in 2006 for $1.65 billion in 2006, said he was attracted by the mix of technology, design and sport that Formula One represented …Â Details
This entry was posted
on Thursday, August 20th, 2009 at 1:35 pm and is filed under Automobile, Formula & Indy Cars.
You can follow any responses to this entry through the RSS 2.0 feed.
Both comments and pings are currently closed.