Shah Rukh
Khan and Juhi Chawla are all set to become the co-owners of yet another sports
team, this time in the racing league. It will a Mumbai team. The husband of
Juhi Chawla, Jay Mehta is also one of the partners. The Indian Racing League is
the latest launched leagues and SRK is targeting this league as well.
It is
expected that the cost of the entire team is around US $20 million. The league
is also recognized as the i1 Super Series. The contract for the SRK-Juhi team
will be for at least fifteen years, the reports are saying. The Machdar
Motorsports Company will be promoting the league.
The inaugural
racing competition will be held in January next year. The race will start from January
8 and culminate on February 26, 2012.
It is very
astounding to know that SRK will be investing such a huge amount of money in
the sport that has yet not taken off in India. The Kolkata Knight Riders are
not performing well in the IPL. Moreover he has also invested in this team as
well.
Reports are
also doing the rounds that ace cricketer Sachin Tendulkar is also a shareholder
in the league. Unconfirmed reports say that, Tendulkar holds around 26% stake
in the business with his friend Anjana Reddy.
Bangalore, Chennai,
Hyderabad, Pune, Chandigarh, Kolkata, Mumbai and Delhi are the eight cities
that will have racing teams.
