UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G
                    Under the Securities Exchange Act of 1934

                               (Amendment No. 1)*


                             Ravenswood Winery, Inc.
                                (Name of Issuer)


                                  Common Stock
                         (Title of Class of Securities)


                                   754438 10 9
                                 (CUSIP Number)


Check the  appropriate box to designate the rule pursuant to which this Schedule
is filed:

         [ ] Rule 13d-1(b)
         [ ] Rule 13d-1(c)
         [X] Rule 13d-1(d)

*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for any  subsequent  amendment  containing  information  which  would  alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).





1.   Names of Reporting  Persons.  I.R.S.  Identification  Nos. of Above Persons
     (entities only):

     Joel E. Peterson

2.   Check the Appropriate Box if a Member of a Group (See Instructions):

     (a)[ ]
     (b)[ ]

3.   SEC Use Only:

4.   Citizenship or Place of Organization:

     United States citizen

Number of Shares Beneficially Owned by Each Reporting Person With:

5.   Sole Voting Power:

     1,332,370 shares of Common Stock, including 27,500 shares issuable upon the
     exercise of outstanding options,  which are either immediately  exercisable
     or exercisable within 60 days of the date hereof.

6.   Shared Voting Power:

     None.

7.   Sole Dispositive Power:

     1,332,370 shares of Common Stock.

8.   Shared Dispositive Power:

     None.

9.   Aggregate Amount Beneficially Owned by Each Reporting Person:

     1,332,370 shares of Common Stock.




10.  Check Box if the Aggregate  Amount in Row (9) Excludes  Certain Shares (See
     Instructions):

     [ ]

11.  Percent of Class Represented in Row 9:

     27.20%  (percentage  ownership is calculated  based on 4,871,865  shares of
     Common Stock  outstanding  as of February 7, 2001 and 27,500  shares deemed
     outstanding  upon exercise by Mr.  Peterson of his options,  as provided by
     Rule 13d-3(d)(1)(i)).

12.  Type of Reporting Person (See Instructions):

             IN


Item 1.

     (a) Name of Issuer:

             Ravenswood Winery, Inc.

     (b) Address of Issuer's Principal Executive Offices:

             18701 Gehricke Road
             Sonoma, CA 95476


Item 2.

     (a) Name of Person Filing:

             Joel E. Peterson

     (b) Address of Principal Business Office or, if None, Residence:

             c/o Ravenswood Winery, Inc.
             18701 Gehricke Road
             Sonoma, CA 95476

     (c) Citizenship:

             United States citizen

     (d) Title of Class of Securities:

             Common Stock





     (e) CUSIP Number:

             754438 10 9


Item 3.  Inapplicable.


Item 4.  Ownership

     (a) Amount beneficially owned:

              1,332,370 shares of Common Stock.

     (b) Percent of class:

             27.20%

     (c) Number of shares as to which such person has:

             (i)    Sole power to vote or to direct to the vote:

                    1,332,370 shares of Common Stock.

             (ii)   Shared power to vote or to direct the vote:

                    None.

             (iii)  Sole power to dispose or to direct the disposition of:

                    1,332,370 shares of Common Stock.

             (iv)   Shared power to dispose or to direct the disposition of:

                    None.


Item 5. Ownership of Five Percent or Less of a Class.

                    Inapplicable.





Item 6. Ownership of Five Percent on Behalf of Another Person.

                  Inapplicable.


Item 7.  Identification  and Classification of the Subsidiary Which Acquired the
         Security Being Reported on By the Parent Holding Company.

                  Inapplicable.


Item 8. Identification and Classification of Members of the Group.

                  Inapplicable.


Item 9. Notice of Dissolution of Group.

                  Inapplicable.


Item 10. Certification.

                  Inapplicable.


                                    SIGNATURE

After  reasonable  inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.

Date: February 13, 2001




Signature:     /s/ Joel E. Peterson
              ----------------------------------
                   Joel E. Peterson
                   President and Winemaker