Being a bit of an F1 nut I don't see why not however I used the example of Juan Manuel Fangio - http://www.rookieoven.com/2011/08/17/why-be-a-startup-founde...

Also earlier this year was at an event in Edinburgh where Sir Jackie Stewart spoke to a bunch of founders, he was excellent. Write up of that here - http://www.rookieoven.com/2012/05/17/eie12-keynote-speaker-s...

[Apologies for the shameless plugs]

Hm.. I believe he is a role model for more than just driving.

Focus, personal drive, willingness to go against the status quo, amongst others... Seem like pretty important features for entrepreneurs.

Not really - I have done motorsports for long (F1 designer), and I feel Michael Schumacher is more of a role model than AS. Infact, MS has been my role model since I was 14.

Don't know about entrepreneurs, but he certainly is a good role model for drivers (professional ones, that is).