The Houston Astros are a household in Major League Baseball. Based in Houston, they are a member club of the American League (AL) West Division and were founded in 1962 as the Houston Colt .45s before rebranding to the Astros in 1965.
Who owns the Houston Astros?
The Houston Astros are currently owned by Jim Crane, who has been the principal owner since 2011 with over 40% stakes. He led an investment group to acquire the franchise for $615 million.
Houston Astros MLB franchise ownership: majority and minority
Jim Crane
James Robert Crane is an American businessman who is an executive and part of the Crane Capital Group, Crane Worldwide Logistics, and Crane Freight and Shipping. He is the principal owner of the Houston Astros.
Jim Crane made his fortune through logistics and investments. His net worth is $2.4B, according to figures from Forbes.
Under Jim Crane's ownership of the Houston Astros, the team won two World Series championships in 2017 and 2022.
The ownership history of the Houston Astros
The Houston Astros have gone through a series of ownership throughout their history.
Roy Hofheinz, R.E. "Bob" Smith, Craig Cullinan Jr., George Kirksey (1962–1965)
Roy Hofheinz & R.E. "Bob" Smith (1965–1967)
Roy Hofheinz (1967–1975)
GE Money & Ford Motor Credit Company (1975–1978)
Ford Motor Credit Company (1978–1979)
John McMullen (1979–1992)
Drayton McLane Jr. (1992–2011)
Jim Crane (2011–Present)
Founding Year
The Houston Astros were established in 1962 as the Houston Colt .45s. The team rebranded as the Astros in 1965.
Ballpark Information
The Houston Astros currently play their home games at the Daikin Park in Houston, Texas, with a seating capacity of 41,168 seats.
Club Achievements and Trophies
The Houston Astros have won two World Series titles. They have also won multiple American League and division titles.