Vijay Mallya wanted to associate one of his top-selling liquor brands, either 'No. 1 McDowell's' or 'Royal Challenge' with the team. Ultimately, 'Royal Challenge' was chosen, and hence the team was given the name 'Bangalore Royal Challengers'. The jersey colours of the team are red and golden yellow, and the logo consists of the RC emblem with 'Bangalore Royal Challengers' in standard format.
Players
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The players in the team (except for Rahul Dravid, who was the Icon Player), were selected in an auction conducted by BCCI on 20 February 2008. South Africa's Jacques Kallis at $900,000 became the costliest player to be selected to play for the Royal Challengers. This meant that Rahul Dravid, being the Icon Player would be paid $1,035,000 (15% more than the highest bid player in the team).
Other players selected included the Indian Test cricket captain Anil Kumble along with his team-mates Praveen Kumar and Zaheer Khan, West Indian Shivnarine Chanderpaul, Aussies Nathan Bracken and Cameron White, South Africa's Mark Boucher (Wicket Keeper) and Dale Steyn.
Current squad
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| Name | Age |
Nationality | Playing role | Bidding Price |
| Rahul Dravid | 35 |
India | Batsman | Icon Player |
| Jacques Kallis | 32 |
South Africa | All Rounder | US$ 900,000 |
| Anil Kumble | 37 |
India | Bowler | US$ 500,000 |
| Cameron White | 24 |
Australia | Batsman | US$ 500,000 |
| Zaheer Khan | 29 |
India | Batsman | US$ 450,000 |
| Mark Boucher | 31 |
South Africa | Batsman / WK | US$ 450,000 |
| Nathan Bracken | 30 |
Australia | Bowler | US$ 325,000 |
| Dale Steyn | 24 |
South Africa | Bowler | US$ 325,000 |
| Shivnarine Chanderpaul | 33 |
West Indies | Batsman | US$ 200,000 |
| Wasim Jaffer | 30 |
India | Bowler | US$ 100,000 |
| Vinay Kumar | 21 |
India | Batsman | None |
| Jagadeesh Arunkumar | 30 |
India | Bowler | None |
| Balachandra Akhil | 30 |
India | Batsman | None |
| KP Appanna | 19 |
India | Bowler | None |
| Devraj Patil | 23 |
India | Batsman | None |
| Sunil Joshi | 37 |
India | All Rounder | None |
| Bharat Chipli | 25 |
India | Bowler | None |