Preheat your oven to 350°
Grease and line a deep 9 inch cake pan with parchment paper and set aside for now
In a large bowl, whisk 1 cup of granulated sugar and 1/2 cup of brown sugar with 2 large eggs until fully combined
Add 1/2 cup of olive oil, 2 teaspoons of pure vanilla extract and 1 cup of buttermilk and mix until smooth and airy
Sift 1 3/4 cups of all purpose flour, 3/4 cup of dark chocolate cocoa powder, 1 1/2 teaspoons of baking soda, 1 teaspoon of baking powder and 1/2 teaspoon of salt into the bowl and mix until just combined
Add a cup of red wine and mix until fully incorporated
Transfer the batter into the prepared cake pan
Bake at 350° for 28-32 minutes or until a toothpick will come out of the center of the cake clean
Enjoy with whipped cream