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The Indianapolis Colts, an American football team based in Indianapolis, Indiana, are owned by Jim Irsay. The Colts compete in the National Football League (NFL) as a member club of the league's American Football Conference (AFC) South division. The team was founded in 1953 as the Baltimore Colts and relocated to Indianapolis in 1984. Jim Irsay, the son of former Colts owner Robert Irsay, became the team's owner in 1997.