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The calimocho or kalimotxo is a drink consisting of equal parts red wine and a cola-based soft drink. Red wine and cola were combined in Spain as early as the 1920s, but Coca-Cola was not widely available. That changed in 1953, when the first Coca-Cola factory opened in Spain. The combination was given various names, until its mass usage at a festival in Algorta led to it being christened the kalimotxo, a playful combination of the two creators' nicknames, Kalimero and Motxongo. It has since become a classic of the Basque Country region and in the rest of Spain in large part due to its simple mixture, accessibility of ingredients, and low cost.

Source: Wikipedia