YouTube Teams Up with USGPE; Branson Moves to Manor
The latest sponsorship news for 2010 is that YouTube, the popular video sharing web site, will team up with the new United States Grand Prix Engineering team (USGPE).
Chad Hurley, co-founder of the site, who sold it to Google for $1.65 billion but remains Chief Executive, was seen with Peter Windsor and Ken Anderson, both of which head-up the new USGPE team, at Silverstone last week.
The deal is said to be almost complete. Peter Windsor has also handed his role as lead journalist at the press conferences after each race to James Allen.
Virgin Boss Sir Richard Branson will be jumping ship from the current title leaders to the unknown Manor Racing, who have been confirmed as a new entrant for the 2010 season.
Branson told BBC Radio 5 Live: "I suspect next year the price [for Brawn] will be astronomical and we may have to look somewhere else with a smaller team."
The new Manor outfit will likely take the Virgin name. This was a sticking point in the Brawn deal along with the price, which will see Branson withdraw from sponsorship.
Source: The F1 Times
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