Firestone Vineyard announces sale
Last Modified: Friday, August 17, 2007 at 9:00 p.m.
A Southern California vineyard whose founding family includes a legendary tire innovator and a star of TV's "The Bachelor" is being sold.
Firestone Vineyard, near Los Olivos, told its employees this week that William Foley, a Florida title insurance executive who owns two other vineyards in Santa Barbara County, is buying the company.
Foley will take over the Firestone Vineyard and Prosperity Wines brands, along with the Santa Ynez Valley winery and 480 acres of land, most of it vineyards. The purchase is the first in a series of planned acquisitions. He said he's currently exploring opportunities in Sonoma County, Napa County and Oregon and Washington.
Andrew Firestone became famous starring in the third season of "The Bachelor" reality show. The Firestones are heirs of Harvey Firestone, who pioneered the mass production of automobile tires.
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