King Power trade. King Power received the royal warrant from the King of Thailand in December 2009. The garuda statue in front of its headquarters symbolizes that privilege. In August 2010, following agreement on a three-year shirt sponsorship deal with King Power, Milan Mandarić sold the English football club Leicester City F.C. to a Thai-led consortium called Asian Football Investments (AFI), owned by King Power Group's Vichai Srivaddhanaprabha. On 16 May 2017, Belgian First Division B team Oud-Heverlee Leuven announced that they had accepted an offer from King Power to buy the club. In June 2016 King Power purchased a US$226 million
Leicester Stadium event called the Midland Grand Prix was inaugurated at the track and in 1973 George McKay who had been a Racing Manager died. Mick Wheble formerly of Harringay and Catford was made chief Racing Manager at Leicester and Coventry before Ochiltree received offers to sell the track. Stock car racing was first held in 1954 through to 1956, then held in 1962 and 1963. Racing finally returned in 1974 until the stadium closed in 1984. The stadium lent its name to the speedway team, known as 'Leicester Stadium', which competed in the English Dirt Track League in 1929 and the