King Power Stadium had supplied £28 million via a bond scheme towards the stadium's construction, with the club taking a long-term lease while the bond repayments were made. On 1 March 2013, Leicester City's Thai owners King Power bought the ground through their company K Power Holdings Co, Ltd. In 2015, vice-chairman Aiyawatt Srivaddhanaprabha stated plans were in place to increase the ground's capacity to around 42,000. Relocation to a bigger stadium has also been considered. In April 2018, it was announced that initial planning for the expansion and development of the King Power Stadium is underway. On 27 October 2018, club owner
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