Penfolds launches Australia’s most expensive wine in Shanghai

Australia’s most expensive table wine hits the world's shelves today - and the famous name behind it, Penfolds, has gone off-shore to launch it.
 
In price terms, forget Grange at $599, bypass Hill of Grace at $620, and step over Torbreck's $700 The Laird, Penfolds has jumped to the top shelf with one of their rarest reds, the 2008 Special Bin 620, at $1000 a bottle.
 
The wine, a blend of high quality Coonawarra cabernet and shiraz with less than a 1000 cases available around the world, will be launched in a global fanfare in Shanghai today.
 
It will be the first time the South Australian based producer has gone overseas to first release a new wine.

Chief winemaker Peter Gago will head up a series of events in Hong Kong and Shanghai including recorking clinics, wine education sessions, the global media launch and a gala dinner for leading business executives, industry captains and international wine collectors.