READ MORE: The question that stumped Hunt after ‘messy’ Dragons exit

“King Kirk was routinely swimming at the Randwick racecourse horse pool under the supervision of his regular handler and foreman when he panicked causing him to swallow a significant amount of water in the process.

“Despite the efforts by his handlers, ATC [Australian Turf Club], staff and veterinarians, he sadly could not be saved.”

The stable also released a public statement: “This is an incredibly difficult time for everyone involved, as we mourn the loss of this immensely talented colt.

“It is a heartbreaking loss not only for his ownership group, but also for the entire team at Gai Waterhouse and Adrian Bott, and our thoughts go out to all those who had the privilege of working with and supporting King Kirk during his career. He will be greatly missed.”

The two-year-old was a $300,000 yearling purchase this year at the Magic Millions sales on the Gold Coast.

King Kirk won the $250,000 group 3 Breeders Plate at Randwick on October 5, which resulted in bookies placing him at the top of the markets for the $5 million Golden Slipper in March.

“It was very distressing news to come through, and I feel for all the staff and connections, and everyone involved,” Clark said.

“I actually trialled him in the morning, and he felt like he was going really good and was going to be a force in the Magic Millions, but shocking news, and condolences to all involved.”