After owning the top beer-sales spot for decades, Bud Light dropped to No. 3. A year ago it had slipped to No. 2 behind Modelo. This year, Michelob Ultra took over the No. 2 spot, edging Bud Light.

Interested in the story behind Modelo beer? It's no straightforward tale; ownership of the company is one mad whirlwind. Its roots lay in Tacuba, Mexico, where founders began experimenting with ...

But it shouldn’t be a surprise that Mexican beer brand Modelo Especial, currently the best-selling beer in the US, having ...