The new US F1 formula one team has confirmed that Chad Hurley, co-founder and CEO of YouTube, has signed up on a multi-year arrangement as its “primary investor”.
A press release said American Hurley, 33, will “provide visionary guidance and corporate strategy expertise” to the new-in-2010 outfit headed by Ken Anderson and Peter Windsor.
Team principal Anderson added: “Bringing in a businessman with his level of credentials, and experience in developing and fostering a vision for startup companies, is an honour, and we look forward to taking on the formula one challenge together in 2010 and beyond.”

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