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Home Featured Copart Billionaire Reopens Calistoga’s Clos Pegase as Centerpiece of $85MM Napa-Sonoma Winery Play
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Copart Billionaire Reopens Calistoga’s Clos Pegase as Centerpiece of $85MM Napa-Sonoma Winery Play

May 11, 20263 Mins read539
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Wines in a California winery
Photo by Dan Meyers on Unsplash
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After acquiring five wineries out of Vintage Wine Estates' bankruptcy, Jay Adair has poured millions more into a yearlong restoration betting on hospitality over wholesale. Calistoga's Clos Pegase reopened this month after a yearlong shutdown, capping the most visible chapter yet in billionaire Jay Adair's bet that five distressed California wineries can be rebuilt around […]

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