YouTube co-founder to back Team US 20 Aug 2009
Team US, one of the three new teams lined up to join the Formula One grid in 2010, has revealed YouTube co-founder and CEO Chad Hurley as a primary investor. The American squad, which is led by former Ligier technical director Ken Anderson and ex-Williams team manager Peter Windsor, is based in North Carolina.
Hurley founded YouTube along with Steve Chen and Jawed Karim back in 2005. A year later, the trio sold the video-sharing website to Google for US$1.65 billion, with Hurley maintaining a position on the board.
"Chad's addition to the team is a victory for the team explained Anderson. Bringing in a businessman with his level of credentials, and experience in developing and fostering a vision for start-up companies, is an honour, and we look forward to taking on the Formula One challenge together in 2010 and beyond."
Windsor added: "This is a great day. Chad's commitment to this team is vital and his visionary expertise and leadership will help steer us into the future as we look to attract best-in-class sponsors, drivers, employees and fans in our quest to compete at the highest level of motorsports."
The preparations for Team USs debut next season are already well underway, with a growing headcount back at base and their Cosworth-engined car scheduled to make its track debut in November.