GMR Group has acquired a stake in Southern Brave, finalising the ECB's equity distribution process for The Hundred. With this deal, Southern Brave becomes the fourth Hundred team with IPL-linked ownership, joining Northern Superchargers (Sun Group), Manchester Originals (RPSG Group), and Oval Invincibles (Reliance).
The group, which co-owns IPL franchise Delhi Capitals, had already secured majority ownership of Hampshire by purchasing Rod Bransgrove's shares last year.