William P. Foley acquired Firestone Winery and surrounding 400 acres (1.6 km2) of land (300 acres under vine) in early August 2007 as part of a plan to expand his portfolio of small specialty wineries on the western coast.

[3] As part of an evolving brokering of the deal, the Paso Robles facility - initially planned to stay in Firestone hands - was also purchased by Foley.

As of July 2008, William Foley II remains the proprietor of Firestone Vineyard.

Vineyards in the Santa Ynez Valley lie on an east-to-west orientation of the surrounding mountain ranges.

[3] The winery is located at the corner of California State Route 46 East and Airport Road near downtown Paso Robles and features a tasting room, barrel cellar, enclosed patio, estate vineyard and terraced gardens with picnic accommodations.

Firestone Vineyard purchased Paso Robles fruit for several vintages, and the quality of the resulting wines was enough to make the decision to establish a new winery.