Question. Context: The Rajasthan Royals (often abbreviated as RR) are a cricket team in the Indian Premier League from the city of Jaipur. Founded in 2008 as one of the initial eight IPL franchises, the Royals are owned by Manoj Badale. The team played its home matches at the Sawai Mansingh Stadium in Jaipur and also had secondary home grounds at the Sardar Patel Stadium at Ahmedabad and the Brabourne Stadium at Mumbai.

Question: who is the new owner of rajasthan royals?
Answer. Manoj Badale
What step-by-step reasoning justifies that answer?
Reasoning: To answer this question, we should know that: Founded in 2008 as one of the initial eight IPL franchises, the Royals are owned by Manoj Badale.