Comments on: YouTube CEO Chad Hurley joins USF1

By: James Reginald Harris, Jr

James Reginald Harris, Jr — Tue, 22 Sep 2009 23:54:01 +0000

I question Mr. Hurley’s reason for investment in formula one racing as not out of love of the sport and would think that his prospective investment should be reviewed by the proper authorities.

By: GeorgeK

GeorgeK — Sat, 22 Aug 2009 02:51:07 +0000

Any news is good news, but show me a sponsor and a team infrastructure please. As a private equity investor I’m hoping Hurley will find the sponsors so he can at the least recover his initial bankroll.

His interview didn’t expose any brilliant insights or novel approaches to sponsorship, other than “new media”.

By: Gman

Gman — Fri, 21 Aug 2009 05:40:22 +0000

All in all, this is a very good news item for USF1 and the sport in general. Any time you get a guy who not just has money himself, but connections to many other sources as well, It’s a good deal for the team involved. Hopefully more such announcements will put to rest the theory of the team actually being a phantom entry that exists in name only and has no real headquarters or staff

By: manatcna

manatcna — Fri, 21 Aug 2009 04:07:21 +0000

Several F1 sites are now saying the same thing re Petrov

By: mp4-19b

mp4-19b — Fri, 21 Aug 2009 02:29:10 +0000

its rumored that youtube will be made a pay & use site in the coming few months

By: Kherubim

Kherubim — Thu, 20 Aug 2009 15:21:20 +0000

The fastest way to become a millionaire in F1? Get in as a billionaire…

Yeah, BMW and/or STR would have been better bargains, and with BMW you know they love their computers…

By: Leaf

Leaf — Thu, 20 Aug 2009 14:14:43 +0000

Well said.
We can only hope additional American business will see the opportunities in worldwide F1 marketing as the team gets up and rolling. As the worldwide recession eases it will help investment.
Additionally, it would be nice to think if that happens it can only bode well for 1 or 2 USA GP’s. You know all the manufacturers want to race here!

By: F1Outsider

F1Outsider — Thu, 20 Aug 2009 13:13:23 +0000

With all the talk about F1 Teams actually making money instead of spending money once the big budget cuts fall into place, Chad Hurley might even be making a smart investment for himself.

By: Ned Flanders

Ned Flanders — Thu, 20 Aug 2009 12:25:49 +0000

I haven’t watched GP2 this season- is Petrov any good? I know he’s doing ok in the championship, but he sounds like a pay driver to me. I get the impression that Hulkenberg is by far the best of the current GP2 drivers.

By: GooddayBruce

GooddayBruce — Thu, 20 Aug 2009 11:45:15 +0000

Brilliant. There is an interview with this joker on Autosport where they big up the positives of bringing a sharp business brain into F1.

Give me a break – there wasn’t really much of a business model behind YouTube was there? Make a website that becomes popular because it gives punters stolen IP for free, wait till it gains critical mass then sell it to some other clown with more money than sense (Google)

Great for making you a quick dollar (or billion) but the Google business ‘brains’ are still scratching their heads trying to figure out how to make money from this very expensive lemon that they bought.

And now Hurley is back, again showing his business acumen by bankrolling an F1 backmarker in the making. And for what? He’s not even promoting a product. Hurley obviously hasn’t heard the old adage about making small fortunes in F1…

Good on him though, cant criticise someone bringing money in to the sport in this day and age.