‘Kings XI Punjab’ – Team Mohali of the Indian Premier League was officially launched at the Punjab Cricket Association Stadium, Mohali on 31st March 2008.On this occasion, actor and co-promoter of the team, Preity Zinta presented the First Golden Ticket to Vinay Sanjta and his family , winners of the BIG FM contest that was exclusively promoted over the last few days.

Positioning itself as a people driven and community lead team, Team Mohali will create and promote community centric activites like the Golden Ticket initiative, Scholarships, Cricket Clinics, Academies, which will be announced shortly. The promoters believe in nurturing talent at the grassroots level and are committed to developing the game of cricket especially in the Punjab region.It was also decided to price the tickets starting at Rs 50 so that its not out of the reach of any cricket lover.

On the occasion Teams Chief Executive Officer (CEO), Neil Maxwell, said ”We want to be recognized as the most significant, progressive and valuable Franchisee in the IPL – a brand who’s social, sporting and entertainment values create loyalty and embraces the community at every level. We are a people’s team. Our vision is to promote cricket sincerely and provide global exposure to local talent.” Commenting on the Team, coach, Tom Moody, said ”I am very excited about my team as we have some of the best players with us.