Australia's Penfolds Releases It's 2007 Grange

Penfolds’ Grange, center, is one of Australia’s most recognized and expensive fine wines. Penfolds

Penfolds Releases 2007 Grange -- The Telegraph

The first Thursday in May is a red-letter day among wine buffs, who toast the release of Penfolds’ latest Grange, one of Australia’s most recognized – and expensive – fine wines.

The winemaker marks the occasion with a ceremony at its spiritual home, the Penfolds cellar door in the foothills of Adelaide, South Australia’s capital. This year’s attendees will be the first to taste the 2007 Grange, which starts at 625 Australian dollars (US$656) and takes its place in an unbroken line that began with the experimental 1951 vintage, then known as Grange Hermitage, created by Max Schubert.

A Penfolds spokeswoman said the winery does not reveal how many bottles of Grange it makes each year.

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My Comment: This wine is not cheap.