A drinking competition to see who can drink more bottles of champagne. A champagne championship, or a champagneship. Often times played on New Years Eve with the ball dropping marking the completion. Similar to a case race with beer, but much classier.
"I can't believe Jason drank 6 bottles of champagne before the ball dropped, I only drank 2. It's safe to say he won the Champagneship."
by jmoli December 28, 2009