David Blitzer and Blackstone-backed group snaps up Indian cricket franchise for $1.8 billion

Royal Challengers Bengaluru's players celebrate with the trophy after winning the Women's Premier League (WPL) Twenty20 final cricket match against Delhi Capitals at the Kotambi Stadium in Vadodara on February 5, 2026. (Photo by Shammi MEHRA / AFP via Getty Images) / -- IMAGE RESTRICTED TO EDITORIAL USE - STRICTLY NO COMMERCIAL USE --A consortium comprising Blackstone, serial American sports investor David Blitzer, among others, has acquired the Indian Premier League's Royal Challengers Bengaluru franchise ...