Sportress of Blogitude


YouTube Co-Founder Will Financially Back F1 Team, Gives All The Credit To Tay Zonday


YouTube co-founder Chad Hurley (pictured left) has money to burn and he ain’t afraid to spend it. Hurley will be the primary investor in a new U.S. Formula One racing team and hopes to have the team in place for next season.

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

“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.”

As you can probably guess, Hurley is one rich mofo. Hurley is the CEO of YouTube, which was sold to Google in 2006 for $1.6 billion dollars.

It’s amazing how much money you can make off the stupidity of others and their willingness to put it out there for the world to see. Meanwhile, I can’t even find investors for my get-rich-quick scheme: Blogger Sunlamp. I’m still in the design stage, but it is my intent that the product somehow run solely on wasted time and crusts of Bagel Bites.

YouTube co-founder backing new U.S. F1 team [Reuters]