How to set transparent BackColor for GridControl

Setting the transparent BackColor for a GridControl can be done easily with simple code.

//Sets up Transparent Background.
this.gridControl1.SupportsTransparentBackColor = true;
this.gridControl1.TransparentBackground = true;

//Sets Color for the Transparent Background.
this.gridControl1.Properties.BackgroundColor = Color.FromArgb(0, 1, 1, 1);
this.gridControl1.BackColor = Color.FromArgb(0, SystemColors.Window);
'Sets up Transparent Background.
Me.gridControl1.SupportsTransparentBackColor = True
Me.gridControl1.TransparentBackground = True

'Sets Color for the Transparent Background.
Me.gridControl1.Properties.BackgroundColor = Color.FromArgb(0, 1, 1, 1)
Me.gridControl1.BackColor = Color.FromArgb(0, SystemColors.Window)