In 1832, Château Figeac sold 15 hectares (37 acres) to M. Laussac-Fourcaud, including part of the narrow gravel ridge that runs through Figeac and neighboring vineyards and reaches Château Pétrus just over the border in Pomerol. This became Château Cheval Blanc which, in the International London and Paris Exhibitions in 1862 and 1867, won medals still prominent on its labels.

The château remained in the family until 1998, when it was sold to Bernard Arnault, chairman of luxury goods group LVMH, and Belgian businessman Albert Frère, with Pierre Lurton installed as estate manager, a constellation similar to that of the group’s other chief property Château d’Yquem. LVMH acquired Arnault’s share in 2009.

The vineyard is considered to have three qualities: one third Pomerol as it is located on the boundary, one third Graves as the soil is gravelly, and the remaining third typical Saint-Émilion. The vineyard area is spread over 41 hectares (100 acres), with 37 hectares (91 acres) planted with a composition of grape varieties of 57% Cabernet Franc, 40% Merlot, and small parcels of Malbec and Cabernet Sauvignon. The average annual production is 6000 cases of the Grand vin and 2500 cases of the second wine, Le Petit Cheval.