Who owns Gujarat Titans (GT) in IPL 2023? Name, Net Worth, Background

Who owns Gujarat Titans (GT) in IPL 2023? Name, Net Worth, Background

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Gujarat Titans Owner 2023: Indian Premier League (IPL) is a famous cricket championship watched by millions of spectators around the globe. It is one of the most profitable sports tournaments in the world and is held annually in the summer. IPL follows the short T20 play format, resulting in short and exciting games. Entertainment is IPL’s first and foremost priority. But that’s not the only reason IPL has so many fans.

Ten teams participate in the IPL, each representing a different city or state in India. Fans love to support their favorite team. IPL 2022 sees the launch of the new franchise, Gujarat Titans, based in the iconic Indian state. The team surpassed all expectations to win IPL 2022. The win catapulted GT into instant stardom, and the franchise has amassed a huge fan following in just one year. But do you know who owns the Gujarat Titans? Dive in to find out.

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word #TATAIPL 2023

It will be Chennai Super Kings who will face the Gujarat Titans in the ultimate clash

TO BRING. IT. ON 😍 pic.twitter.com/FYBhhsN808

– IndianPremierLeague (@IPL)
May 26, 2023

Gujarat Titans (GT) Owner 2023

  • Gujarat Titans is a new Indian Premier League franchise based in Ahmedabad, Gujarat, India.
  • GT debuted at IPL 2022 and ended up winning their first IPL tournament. Former Mumbai Indian star and explosive all-rounder Hardik Pandya is the GT captain. The team also reached the final of IPL 2023 and topped the overall score table.
  • GT is one of two franchises put up for auction in 2021. Multiple companies competed for the rights, but CVC Capital Partners won the rights with a bid of 5,625 kroner ($700 million).
  • Contrary to popular belief, the Gujarat Titans are not owned by Jay Shah, the BCCI president. However, since Gujarat is his hometown, he occasionally attends matches.
  • As of 2022, the Gujarat Titans are the tenth most valuable IPL team, with an estimated value of $850 million. This number is sure to grow, thanks to the team’s massive rise and IPL performance.
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Related: Best Team Score in IPL (2008-2023)

What is CVC Capital Partners Group, owner of Gujarat Titans?

  • CVC Capital Partners is a French private investment firm headquartered in Luxembourg.
  • It was founded in 1981 by Donald Mackenzie, Jiri Zrust Zrust, Rolly van Rappard and Steve Koltes.
  • The company is a leading investment firm in the world and manages funds for more than 500 top blue-chip clients worldwide.
  • CVC is present on all continents and employs nearly half a million people.
  • They manage assets worth an estimated $133 billion.
  • CVC also participates in a number of other sports leagues such as the British Rugby League and the United States Rugby Championship.
  • They also held a majority stake in Formula 1 for a decade, but were criticized for focusing solely on profits rather than developing the sport.

See also: Highest partnership in IPL history (2008 – 2023)

Gujarat Giants in IPL

The Gujarat Titans surprised everyone by topping the scoreboard in IPL 2022 and qualifying for the knockout stages. It’s a new team with new players and Hardik Pandya is the first captain.

No one expected GT to reach the final, much less win. GT defeated Rajasthan Royals in the final. The team also wants to repeat the feat in the 16th season of the IPL.

At IPL 2023, the Gujarat Titans ended the tournament period with the top spot and easily qualified for the knockout stages. GT beat the Mumbai Indians by 62 runs in Qualifier 2 to secure a place in the final.

The Gujarat Titans will face the Chennai Super Kings in the IPL 2023 final. The two teams previously clashed in Qualifier 1, where CSK beat GT in 15 runs. However, the overall score in terms of gameplay is still in favor of the GT. Pandya and the team will seek revenge for the previous defeat and defend their IPL title.

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The GT coach of 2023 is Ashish Nehra, while Hardik Pandya is the captain. Satyajit Parab is the team manager and Vikram Solanki is the cricket director. The home ground of the Gujarat Titans is the Narendra Modi Stadium in Motera, Ahmedabad.

You can check out the complete Gujarat Titans team for 2023 below.

List of owners of IPL 2023

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Source: vcmp.edu.vn

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