Delhi Daredevils rebrand as Delhi Capitals for new Indian Premier League season

The franchise announced their rebranding at a launch event on Tuesday, with a new logo also unveiled

Delhi Daredevils have been renamed as Delhi Capitals ahead of the new Indian Premier League season.

The franchise announced their rebranding at a launch event on Tuesday, with a new logo also unveiled.

"We wanted this name to mean something to each and everyone from Delhi," said Parth Jindal, director of part-owners JSW Sports.

Dilliwasiyon, say hello to Delhi Capitals!#ThisIsNewDelhi pic.twitter.com/KFW8f3GIP7

— Delhi Capitals (@DelhiCapitals) December 4, 2018

JSW bought a 50 per cent stake in the franchise in March and the revised ownership structure has heralded substantial change in personnel at Delhi.

Ten players have been released from their contracts and three traded to Sunrisers Hyderabad in exchange for India opener Shikhar Dhawan.

Targeting a significant improvement from their 2018 performance - Delhi finished bottom of the IPL table - they will have 10 slots to fill at the auction, which is to be held in Jaipur on December 18.