Congratulations to the winners! Danielle Dore from New Zealand, Paul Boehm from Germany, Penelope Phy from the United States, Nicolas Ghilissen from Belgium and Peter Adamson from the United Kingdom.
The wine rack, titled Present, is part of an ongoing collaboration between the New York-based designer and Brancott Estate.
The design is based on a scaled-down version of a nine-metre-high corten installation by Benshetrit, which is due to be unveiled on Brancott Vineyard in Marlborough, New Zealand, in 2016.
Made from black, electro-coated steel, the wine rack is made from a series of joints using a system called QuaDror, developed by Benshetrit's studio.
"[QuaDror] is a new type of hinge, basically," Benshetrit told Dezeen. "It's not a hinge that works on a 2D axis, on a single axis. It has a diagonal axis, so the rotation point is circular – which makes a very weird angle in the pieces."
These joints allow the structure to fold flat for storage. The diamond-shaped openings created when the rack is folded out create space to store six standard wine bottles.
Only 500 of the wine holders have been produced as a limited first production run, each with an individually numbered certificate. A small number will be available to purchase from the Brancott Estate Heritage Centre and on the company's website for $325 (approximately £211).
New Zealand-based Brancott Estate is the pioneer of Marlborough Sauvignon Blanc and this year celebrates 40 years since planting the first Sauvignon Blanc vines in Marlborough in 1975.
Dror Benshetrit founded the multi-disciplinary Studio Dror in 2002 after studying at Design Academy Eindhoven. Among his best-known designs is the folded felt Peacock Chair for Italian furniture brand Cappellini, and he has also created an armchair for Walt Disney inspired by the film Tron.
Last week, he and Brancott Estate chief winemaker Patrick Materman were in conversation with Dezeen editor-in-chief Marcus Fairs in New York to mark the launch of their collaboration.
This competition has now closed. Winners will be selected at random and notified by email, and their names will be published at the top of this page. Dezeen competitions are international and entries are accepted from readers in any country.