Advanced Television

You Tube man sponsors F1

August 24, 2009

YouTube co-founder and CEO Chad Hurley has becoming the "primary investor" for US F1, the motorsports team debuting in next year's season.

Hurley tells "I thought it was a great business opportunity and a good investment. I am definitely going to be involved in helping the team with sponsors, helping the team with business relationships, and helping the team with integrating technology – ways that they can leverage and benefit from social media and the internet broadly."

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