01/21/2013 5:32PM

K One King to Margaux Farm

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Grade 1 winner K One King has been purchased by Gunpowder Farms LLC and will be relocated to stand at Margaux Farm in Midway, Ky., for an advertised fee of $3,500 when the foal stands and nurses.

The 17-year-old Apalachee horse previously stood at Louisiana Stallion Station in Carencro, La.

K One King, who began his stud career at Gainesway in Lexington, Ky., has sired 10 crops of racing age, led by stakes winners Broadway King, One Pretty Penny, Misty Michelle, and King of the Bayou. He also sired 2005 Queen’s Plate Stakes runner-up King of Jazz.

On the racetrack, K One King won six of 12 starts for earnings of $683,010, highlighted by a win in the 2000 Oaklawn Handicap. He competed on the 1999 Kentucky Derby trail, winning the Presidents Stakes and the John Battaglia Memorial Stakes at Turfway Park. K One King subsequently posted a runner-up finish in the Grade 2 GalleryFurniture.com Stakes, now known as the Spiral Stakes, at Turfway before finishing eighth behind Charismatic in the Kentucky Derby.