IPL: Delhi Daredevils change their franchise name to Delhi Capitals

The Indian Premier League team Delhi Daredevils will be rebranded as the Delhi Capitals this season. The new name was announced by Delhi’s team management and top bosses who conducted an official event on Tuesday. The franchise also released a new logo on the occasion.

This. Is. Delhi Capitals. #ThisIsNewDelhi pic.twitter.com/XMWgtWsinW

— Delhi Capitals (@DelhiDaredevils) December 4, 2018

The Delhi-based team was purchased by the GMR Group for a sum of $84 million in January 2008. Before the 2018 edition, the GMR Group inked a 50-50 partnership deal with Mumbai-based steel company Jindal South West (JSW) Sports for the ownership of the team.

The 2018 was a forgettable season for the Daredevils who ended at the bottom of the points table out of eight teams. With the new name, the franchise is hoping for better fortunes in the next season, with Sunrisers Hyderabad trading Shikhar Dhawan to the Delhi team.