Feeds

YouTube injects cash into US F1 team

Chad Hurley hopes to be all-American hero

Top 5 reasons to deploy VMware with Tegile

YouTube co-founder and CEO Chad Hurley has joined the US Formula One team as its primary investor.

The boss of Google's online video-sharing empire hopes to see the US F1 team, led by Ken Anderson and Peter Windsor, win in the motorsporting world's Grand Prix tournament in 2010 and beyond.

Hurley will pump money into the US team's corporate strategy.

The YouTube main man "will be a major force behind the team’s goal to showcase that a US-based team with American technology can compete again in Formula One and eventually win races in the most prestigious and most celebrated motorsport in the world," gushed the American F1 team in a press release.

Presumably this means YouTube might also have its logo splashed across the team's motors, which strikes us as intriguing given the number of grumbles expressed in the past by F1's commercial owners, who have tried to stop fans sharing videos online.

Such as this little film shot by your El Reg correspondent on an Intel-sponsored day trip to Silverstone in 2007.

Anyway, we digress.

“I am thrilled to be a part of America’s first Formula One team in more than 40 years,” multi-millionaire Hurley said.

“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 USF1 vision and corporate strategy for years to come.”

From the start of 2010 three new teams will be competing in F1, including the US outfit.

USF1 plans to show-off American talent and tech from their home in Charlotte, North Carolina.

However, its cars will use a Cosworth engine, which as the engine maker points out on its website "began life in a small workshop in London in 1958 when it was founded by Mike Costin and Keith Duckworth."

It was bought by car giant Ford in 1998 before changing ownership again in 2004. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Apple CEO Tim Cook: My well-known gayness is 'a gift from GOD'
'I have benefited from the sacrifice of others'
MEN: For pity's sake SLEEP with LOTS of WOMEN - and avoid Prostate Cancer
And, um, don't sleep with other men. If that's what worries you
Jim Beam me up, Scotty! WHISKY from SPAAACE returns to Earth
They're insured for $1m, before you thirsty folks make plans
Now: The REAL APPLE NEWS you need to know
OMG! Gravity's totes amazeballs. Calm down, George Clooney, not your film
Boffins who stare at goats: I do believe they’re SHRINKING
Alpine chamois being squashed by global warming
Let's make an app that POSTS your POO to APPLE HQ
Plus: It's OPEN WARFARE in the Linux greybeard world
Adorkable overshare of words like photobomb in this year's dictionaries
And hipsters are finally defined as self-loathing. Sort of
Not a loyal follower of @BritishMonarchy? You missed The QUEEN*'s first Tweet
Her Maj opens 'Information Age' at the Science Museum
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
The Heartbleed Bug: how to protect your business with Symantec
What happens when the next Heartbleed (or worse) comes along, and what can you do to weather another chapter in an all-too-familiar string of debilitating attacks?