New Favorite is the fourth album by bluegrass music group Alison Krauss & Union Station, released August 14, 2001. The album peaked in the top 50 of the Billboard 200 and within the top 5 of the Billboard charts for both Country and Bluegrass and was certified gold. This album was released in the same year as the O Brother, Where Art Thou? soundtrack, which Krauss appeared on, that had a large effect on bluegrass in the United States. At the 44th Grammy Awards, New Favorite would go on to win the Grammy Award for Best Bluegrass Album and the single "The Lucky One" won the Grammy Award for Best Country Performance by a Duo or Group with Vocal as well as Best Country Song.