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The winery is located in the municipality of Bolgheri in the Italian wine-growing region of Tuscany. It was founded by Ludovico Antinori (a younger brother of the famous Piero) in 1981. The oenologists André Tchelistcheff (1901-1994) and Michel Rolland acted as advisors when the first vineyards were planted (previously forest and pasture land) and the winery was built. The Hungarian oenologist Tibor Gál (1958-2005) was cellar master for several years. The first vintage was in 1985, and the first wines were marketed in 1988. In 2002, the winery was taken over in equal parts by the multinationals Mondavi (California) and Frescobaldi (Italy). After the sale of Mondavi in 2005 to Constellation Brands, Frescobaldi exercised the right of first refusal and took over 100% of Ornellaia. In 2012, the winery name was changed from "Tenuta dell'Ornellaia" to "Ornellaia e Masseto". Axel Heinz is responsible as estate director and oenologist.

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