The new team USF1 has announced that YouTube cofounder and CEO Chad Hurley will be the squads main investor for its inaugural formula one campaign in 2010.
The Charlotte-based outfit confirmed on Wednesday night that the millionaire will be the teams main backer and, speaking about his involvement with USF1, Hurley said: 'I am thrilled to be a part of America's first Formula 1 team in more than 40 years.
'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.'
Not only will USF1 benefit from Hurleys financial input, but the team has said that the millionaire will bring his wealth of experience to assist the team with their corporate strategy and media planning going forward into next season.
USF1 team principle Ken Anderson said: 'Chad's addition to the team is a victory for USF1. 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 1 challenge together in 2010 and beyond.'
The teams sporting director Peter Windsor added: 'This is a great day for USF1. 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 Charlotte-based outfit confirmed on Wednesday night that the millionaire will be the teams main backer and, speaking about his involvement with USF1, Hurley said: 'I am thrilled to be a part of America's first Formula 1 team in more than 40 years.
'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.'
Not only will USF1 benefit from Hurleys financial input, but the team has said that the millionaire will bring his wealth of experience to assist the team with their corporate strategy and media planning going forward into next season.
USF1 team principle Ken Anderson said: 'Chad's addition to the team is a victory for USF1. 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 1 challenge together in 2010 and beyond.'
The teams sporting director Peter Windsor added: 'This is a great day for USF1. 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.'
No comments:
Post a Comment