India off-spinner Ravichandran Ashwin has become a co-owner of the American Gambits, a new team which will feature in the second edition of the Global Chess League, a joint venture between Tech Mahindra and the International Chess Federation.

The League on Monday unveiled the six franchises for the second edition to be played in London from October 3 to 12. American Gambits, owned by prominent business leaders Prachura PP, Venkat K Narayana and Ashwin, will replace Chingari Gulf Titans.