GMR Acquires Majority Stake in Hampshire Cricket

Hampshire Cricket has become the first English county cricket club to be owned by an international firm following the sale of a majority stake to GMR Group, co-owners of the IPL's Delhi Capitals. The phased acquisition, expected to complete within 24 months, will see GMR initially hold a 53% stake, eventually leading to full ownership. The deal is set to strengthen Hampshire's financial position and infrastructure, with GMR committed to developing young talent and enhancing multi-sport facilities. Current chairman Rob Bransgrove will continue until 2026, maintaining the club's existing leadership. This acquisition marks a significant shift in cricket globalization and the integration of international investments in English county cricket. GMR's prior investments include the Dubai Capitals and Seattle Orcas, indicating their growing influence in global cricket.