TMG Blog

Chateau Olivier and the long lag on vineyard change

If a wine estate decides today to fix a problem in its vineyard, the first bottle that convincingly shows the fix will go on sale somewhere around 2042. That lag is the least glamorous fact in wine and it settles more arguments than any tasting note. Two people disagree about whether a property is any good; one of them last drank it in 2005; both of them are describing something real.

The arithmetic of changing a vineyard

Say a property has a block of vines planted in the 1970s on the wrong rootstock, in rows too wide apart, on ground whose drainage stopped working two owners ago. Fixing it looks like this.

  • Pull the vines. Rest the ground for two or three years, because replanting straight into a tired block invites disease.
  • Re-dig the drains. Much of the Medoc and the Graves runs on clay pipe laid in the nineteenth century, and when it silts up the low parcels stay wet and ripen late.
  • Plant. Nothing usable for three years. Nothing you would put in the main wine for eight to ten.
  • Then two years in barrel and bottle before it is sold.

Vine age matters for a mechanical reason, not a romantic one. An old vine has roots that go down several metres and sit in ground whose moisture barely changes across a season. A young vine's roots are near the surface, where the weather is. So young vines swing: too vigorous in a wet year, too stressed in a dry one. Consistency is the thing that arrives last.

There is one lever that works immediately, and it is not agricultural. A property can decide to put less of its crop into the main wine. Tighten the selection from seventy per cent to fifty and the wine gets better in a single vintage, at the cost of volume. This is why estates seem to improve suddenly and then plateau: the selection change lands at once, and the vineyard work turns up a decade later, quietly, in the wines nobody was watching.

For a buyer, the useful consequence is that reputation lags reality by ten to fifteen years in both directions. There is a window, after the work has landed and before the reputation has caught up, where a property is better than its price. Finding that window is most of what value hunting in Bordeaux actually is.

Olivier

Olivier is a moated castle at Leognan with towers and a courtyard, a hunting seat long before it was a wine estate, and it has been in the same family since the 1880s. It is classified for both red and white in the Graves classification.

For a long stretch of the twentieth century it was the property people pointed at to argue that a classification can outlive the wine behind it. The land was never the problem. The vineyard had drifted: parcels planted to the wrong variety for their soil, drainage that had stopped doing its job, a selection that was not strict enough. From the early 2000s the current generation took the place apart and put it back together — replanting, re-mapping which block should be red and which white, and cutting how much goes into the grand vin.

Do the arithmetic above and you can work out when that should start showing. It does. The bottles from the 2010s are not the bottles that earned the old reputation, and the price has not fully noticed, because prices are set by people repeating what they were told.

What we have

The Olivier range is the deepest run of any property in this series, in both colours, and almost all of it sits between roughly HK$225 and HK$355. That is a narrow band, so the ladder is not really about money — it is about colour first and year second.

On the red side the range starts at around HK$225 with the 2018, climbs through the 2013 at around HK$280 and the 2017 at around HK$330, and tops out around HK$345 with the 2015 and 2016. The 2020 at around HK$230 is the youngest thing here.

The white side runs from the 2017 Blanc at around HK$305 to the 2016 Blanc at around HK$350, with 2014, 2015 and 2018 in between. Five vintages of a classified dry white inside a fifty-dollar spread is not a common thing to be able to buy.

What we would pick, and why

Olivier Blanc 2017, around HK$305. The pick, and the cheapest white on the page. Sauvignon Blanc with Semillon, fermented and aged in barrel, nine years old — far enough along that the citrus has started turning waxy and toasted but with the acid still doing its work. The whites here are firmer and less immediately charming than their price suggests, which is a compliment. Serve it around 12 degrees, not cold, and put it next to something with fat in it.

Olivier rouge 2018, around HK$225. Made well after the vineyard work, from a warm year, and the least expensive classified Pessac-Leognan red in this series. Medium-bodied, gravel-scented, tannin present but resolved enough to drink now. At this price it is a weeknight bottle that happens to be a classified growth, which is an unusual thing to be able to write.

Olivier rouge 2013, around HK$280. Only if you like light claret. 2013 was a poor year and it shows: this is thin-framed, savoury and low in alcohol. That makes it wrong for a steak and right for a plate of roast meats or a hotpot table, where a heavy wine would just get in the way. Buy it knowing what it is.

Who should not buy this

Anyone shopping by classification alone. If you want the reassurance of a famous label, this is the wrong property — the name carries none of that weight in Hong Kong and it never has. What it carries is a classified growth's land and cellar at a price set by an outdated reputation, and if you are not interested in that trade, there is nothing else here for you.

Anyone hoping the older reds are better than the newer ones. On this page they generally are not. The 2015 and 2016 cost about HK$120 more than the 2018 and 2020, and what that money buys is a few more years in bottle and a warmer vintage, not a step in class. If you are drinking within a year, buy the cheap end deliberately rather than apologetically.

And anyone buying red here expecting it to be the serious half of the estate. It is not. As at every good property in this appellation, the white is where the interest is, and the red is the wine that pays for it.

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