The GMR group, a property development company, successfully bid for the Delhi-based team for a sum of USD 84 million in January 2008. The team finished as one the semifinalists in the opening two editions but since then, they have made it to the play-offs only once (way back in 2012) in nine years.
Ahead of the 2018 edition, the GMR group entered into a 50-50 partnership with Mumbai-based steel company Jindal South West (JSW) Sports for the ownership of the team.
After finishing bottom of the table in the 2018 season, bagging their fourth wooden spoon in the IPL, the Delhi-based team are set for a revamp of personnel as they released as many as 10 players and trading off three players to get hold of Shikhar Dhawan from Sunrisers Hyderabad.
Having retained 14 players from the previous team, Delhi can fill up to ten slots - seven Indian positions and three overseas spots - during the auction on December 18. They have a purse of INR. 25. 50 Crore remaining, the second most available for a team in the upcoming auction.