The biographical drama focusing on Richard Williams and his journey on what it took to mold two of the greatest athletes, Serena and Venus has been a hit with the critics all season long.
Just last month, King Richard received four nominations at the Golden Globes and Will Smith picked up his first Golden Globe in the Best Actor—Motion Picture Drama category.
With the prestigious Academy Awards just over a month away, the nominations for all categories were released on Tuesday and King Richard experienced more success
The film got six Academy Award nominations, including Best Picture, Best Original Screenplay, Best Supporting Actress, Best Film Editing, Best Original Song and Best Actor
This marks Smith's third and fourth Oscar nomination and he will look to take home his first win. It's also his first nomination in 15 years.
Smith will once again face tough competition in the Best Actor category with Denzel Washington running against him for his role in The Tragedy of Macbeth
Smiths' previous nominations came from playing real-life figures—Muhammad Ali in 2002 and Chris Gardner in 2007's The Pursuit of Happyness.