A rare cask of Scottish single malt whisky has been sold for a staggering £16m setting a new record. The barrel - called Cask number 3 - is from 1975 and was produced at Ardbeg distillery on Islay.
It has now been snapped up by a private buyer in Asia for the eye watering price which beats the previous cask record - set earlier this year - by £1m. The cask of whisky sold for more than double what owners Glenmorangie Co, a subsidiary of LVMH luxury group, paid for the Ardbeg distillery back in 1997.
It is also the oldest cask ever released by the firm, the Scottish Daily Express reports. As part of the deal, around 88 bottles, worth £36,000 apiece, will be sent to the whisky fan over the next five years.