Texan billionaire Bill Foley buys Toast Martinborough

Texan billionaire Bill Foley buys Toast Martinborough
What do Toast Martinborough and a Las Vegas ice hockey team have in common? (Image: supplied)
Gregor Thompson
Texan billionaire Bill Foley, who in November secured a license for an Auckland A-League football club, has added another New Zealand prize to his mantlepiece: Toast Martinborough.The Wairarapa’s headline wine and food festival will come under the ownership of Foley Wines Ltd, a company consisting of five wineries in Martinborough, Marlborough and Central Otago.The hospitality sector faces challenges exacerbated by the residual effects of covid-19 and unfavourable harvest conditions, Foley Wines said on Tuesday.Foley Wines presented Toast...