Hurley says video will be a key element of the new team's work

The new US F1 Formula 1 team has named YouTube co-founder Chad Hurley as its primary investor for its 2010 debut racing campaign.

The Charlotte-based team is owned by former Ligier technical director Ken Anderson and former Williams team boss Peter Windsor.

It is one of three new teams to be added to the grid for next season.

"I am thrilled to be a part of America's first Formula One team in more than 40 years," said Hurley.

"Getting in on the ground floor of a project of this size and scope is a tremendous opportunity.

"I look forward to helping shape the US F1 vision and corporate strategy for years to come."

Hurley believes his experience as chief executive of the video-sharing site will help the team's corporate strategy and media planning and he has promised that video will be a big part of what the team does.

"I see tremendous potential for all sports to integrate more media, more social connections, connect with the fans and build a fan base," he said.

"Hopefully we can create compelling content that individuals around the world have an opportunity to view and share, and really feel like they are part of the team."

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