The Libourne Horseracing Society, led by Stephane d'Arfeuille made the historic decision to sell off the land for vineyards rather than for property development.
An interesting financial decision, as they could probably have got more money for property. The price per hectare for Pomerol vines is c £180-200,000.
Anyway back to Libourne race track....the area of land has been sold off to 6 different existing Chateaux. They have extended their holdings and it has increased the total Pomerol surface area to 793 hectares.
It will be interesting to taste the wines from this new part of the Pomerol appelation. I presume many years ago there were specific reasons for having a horse racing track on this land.
Maybe the vines will flourish due to the extra nutrients provided by the horses!!
There are more details in this article.
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