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Wikipedia - Delhi Capitals
Delhi Capitals (formerly Delhi Daredevils) are a professional franchise cricket team based in Delhi that plays in the Indian Premier League (IPL). The franchise is jointly owned by the GMR Group and the JSW Sports. The team's home ground is Arun Jaitley Stadium (formerly Feroz Shah Kotla), located in New Delhi. The team is captained by Rishabh Pant and coached by Ricky Ponting. The Capitals appeared in their first IPL final in 2020 against Mumbai Indians.
History
The IPL is a cricket league organised by the Board of Control for Cricket in India (BCCI) and backed by the International Cricket Council (ICC). The inaugural tournament was held in April–June 2008, in which BCCI finalised a list of eight teams who participated in the tournament. The teams represented eight different cities in India, including Delhi. The teams were put up for auction in Mumbai on 20 February 2008, and the Delhi team was bought by the property development company GMR Group for US$84 million.
In March 2018, GMR sold a 50% stake in the Delhi Daredevils to JSW Sports for ₹550 crore (US$69 million).
In December 2018, the team changed its name from the Delhi Daredevils to the Delhi Capitals. Speaking to the rationale behind changing the team's name, co-owner and chairman Parth Jindal said, "Delhi is the power centre of the country, it is the capital, therefore the name Delhi Capitals." Co-owner Kiran Kumar Grandhi said, "The new name symbolizes Delhi's identity and just like the city, we are aiming to be the centre of all action going forward."