Owned by Emerging Media along with Bollywood actress Shilpa Shetty and husband Raj Kundra, the Rajasthan Royals began their IPL journey on a high note, as they clinched the inaugural edition in 2008. Skipper Shane Warne led the Royals successfully, performing the dual role of both, captain as well as coach. The following seasons were comparatively less fruitful, as the team tried to emulate its success in 2008 but repeatedly failed in its attempts. Shane Warne then bid adieu to professional cricket in 2011, playing his last game in the fourth season.
The Royals found their new captain in veteran Indian batsman Rahul Dravid ahead of the fifth IPL season. The purchase of Brad Hogg, Brad Hodge, Dinesh Chandimal and S Sreesanth added more variety to the already existing line-up that included the likes of Shane Watson, Shaun Tait and so on. Sreesanth was ruled out due to injury but the rest managed to perform consistently, with special reference to the young Ajinkya Rahane. But that didn't help Rajasthan's cause as they were unlucky to miss out on the qualification for the playoffs. However, they were recipients of the Fair Play Award and rightfully so, under Dravid's astute leadership. RR put in consistent performances for the next three years but in 2016, they were banned for two years due to an off-field issue.
On their return, Rajasthan Royals bought quite a few superstars in the 2018 auction. Ben Stokes and Jos Buttler were notably the biggest buys for them. They Royals made it to the knockout stages but were eventually beaten by Kolkata in Eliminator.