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Evidence receipt / belief

Published · transcript-backed

David Rosenthal: belief

2 Mar 2026 Acquired Formula 1

“Compared to, I believe, over three billion that Bernie and his trust had pulled out of the company through all the debt and equity machinations that we discussed earlier.”

— David Rosenthal

Source trail

Everything needed to verify it.

Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
belief
Recorded
2 Mar 2026
Publisher
Acquired
Episode
Formula 1

Transcript context

…Amazing. All told, CVC and Bernie for his portion spend about $2 billion, acquiring 100% ownership. They finance 1.1 billion of it with another set of debt. They put 900 million of cash equity into the deal. Compared to, I believe, over three billion that Bernie and his trust had pulled out of the company through all the debt and equity machinations that we discussed earlier. Unbelievable.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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