Best Buy & Youtube linked to USF1 sponsorship

Amidst speculation of a possible link-up between USF1 and the internet video giant Youtube, another American company has emerged as a potential backer for the Charlotte-based outfit.

Now, Best Buy has also confirmed its interest in sponsoring USF1. The American electronics company has recently announced that it will be opening its first stores in the European Union and considers the newly-formed Grand Prix team as a perfect way to spread its brand into the continent.

“Thoughts on how a Best Buy partnership would help our entry into Europe?” wrote Best Buy’s chief marketing officer Barry Judge, who confirmed that he had met with USF1 officials.

Judge also confirmed that the co-founder of Youtube, Chad Hurley, had also been present at the meeting and that he was the “big investor” in the team.