YouTube confirmed as USF1 primary investor

[Scott]

I wonder if YouTube could get away with mounting a YouTube camera on their car and show the races that way. 

US F1 confirms YouTube's as 'primary investor'
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.
It was not explained if the deal involves sponsorship by the YouTube video-sharing website, whose relationship with Bernie Ecclestone's Formula One Management has been a difficult one.
"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," said Hurley.
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."
Sporting director Windsor said: "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 motor sports."

[romephius]

I wonder if this means all the F1 vids on youtube will stop getting pulled now due to FOM complaints???

Time to join the era of multi-media Bernie.  Well done to youtube for getting on the bandwagon and well done to peter windsors outfit for bringing in internet money and exposure.

Rom 

[Jericoke]

I wonder if this means all the F1 vids on youtube will stop getting pulled now due to FOM complaints???

I don't know... might be a few years before the YouTube car finishes in a position they want people to see... 

[Scott]

It would be great if Chad could finally convince Bernie to let replays and highlights actually end up on the internet somewhere where everyone could watch them instead of having to 'illegally' record them ourselves and hunt through the tape or HD to find the clips we want to see again. 

[Jericoke]

It would be great if Chad could finally convince Bernie to let replays and highlights actually end up on the internet somewhere where everyone could watch them instead of having to 'illegally' record them ourselves and hunt through the tape or HD to find the clips we want to see again. 

I know the sponsors would love that.

[John S]

It would be great if Chad could finally convince Bernie to let replays and highlights actually end up on the internet somewhere where everyone could watch them instead of having to 'illegally' record them ourselves and hunt through the tape or HD to find the clips we want to see again. 

The greenback is the only convincer that dear old Bernie recognises.

 However with YouTube in the family so to speak informal discussions become much easier to map a way forward.