The sector has thrived, despite the challenges posed by the COVID-19 pandemic.
The company said the winery was "no longer suited to [its] ambitious growth plans".
The company will continue to use the remaining 10 hectares.
Rhy Hall was representing Marlborough in the prestigious event.
Te Pā's founder and owner Haysley MacDonald spoke to Rural Today.
It has been run by the same family for generations.
Why it's a big export opportunity for Kiwi winemakers.
"The wine industry is incredibly proud of him winning this prestigious competition."
The Seifried family planted their first vineyard in the Moutere Valley in 1973.