Man o' War Farm has new owners, but the former home of Big Red will keep its name. Carolyn and Franklin Groves, who purchased the 112-acre property outside Lexington in 1997 and renamed it Man o' War Farm (from Pharamond), have sold the operation to Michael and Rieko Baum of New York. Man o' War stood his last 11 years at stud at the property, and was originally buried on the farm. His grave and memorial were moved to the Kentucky Horse Park in 1977. The Groveses paid the Susan Fisher Estate $742,500, and have since made substantial improvements to the property and its buildings. According to Fayette County Records, the sale closed Jan. 3 with a final price paid of $1,750,000. Shannon Wolfram, who has worked for the Groveses for 23 years, will remain as manager of Man o' War, and in that capacity, will oversee 13 Thoroughbred mares which will be boarded by the former owners at the farm. The Groveses have moved their Saddle Horses to another Kentucky property.