California’s fabled wine region is having ‘the most horrible, devastating and catastrophic year’

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First there was the pandemic. Then came the wildfires, which could add another $1 billion in losses for Napa Valley wineries.

Dario Sattui has seen a lot in his half-century in the wine business, but never a year as brutal as this one.

“In 48 years in the business, this is, by far, the most horrific, devastating and catastrophic year.” Jon Moramarco, managing partner of wine analytics and advisory company bw166, estimates that the Glass Fire’s property damage alone, with nearly three dozen Napa Valley wineries hit, could total hundreds of millions of dollars, while lost wine inventory could add another $20 million to $50 million.

Matt Sherwin said his parents’ home in Spring Mountain was fine, since the vineyard acted as a firebreak, but that the family’s 24-year-old Sherwin Family Vineyards winery, which burned and collapsed into the cellar and barrel storage area, was a total loss. “My private collection, including the ’15 and ’16 vintages and virtually all of 2017 burned in the fire. That was the missile shot for us,” he said.

 

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