Turned. If in your cellar, need to drink it now or risk dumping down the drain.
Edit 5/7/18: I was ridiculed due to my very brief summation of this bottle I drank recently (you can see the comments, but I've gone ahead and pasted it for reading ease).
From ProperClaret:
"Your bottle may have been flawed, but your statement that it was 'turned,' and that others should drink immediately is pure foolishness. If you don't understand Rioja, and the fact that this one has decades of life left in it, you ahould hold off on reviewing them until you become better educated."
Ouch. So instead of getting into a potential pissing match, I thought it more productive that I clarify my previous statement.
I have tried numerous vintages and bottles from this exact producer, and have noted that there is a rather brief shelf life to this bottle on average. My troll is correct in his/her statement: Rioja wines can indeed last a decade or more in the bottle without turning, and indeed even improve with age over a long period of time. However, just because a wine hales from a certain region doesn't guarantee the same standard across the board. For example, you can have producers from different regions of the world that take harvests and, depending on various growing, economic, and other variables, will take harvests and make wines that are of the same year but ultimately of a different caliber. This is extremely common among larger producers across the world. The result: you may get two Rioja wines, for example, from the same producer that both were harvested in the same year and even in the same exact vineyard, and yet, have drastically different characteristics. One may last much longer in the bottle versus the second, or you may have a much more nuanced palate profile. The various differences, theoretically, are endless.
So that being said, this wine is a bargain wine - aka, I paid $12 - which may mean that it is a truly fantastic wine, and I lucked out. Or it could perhaps mean that it is supposed to taste great early on but maybe intended to last too long in the bottle versus other Rioja wines. My experiences with this label have been as such: when drank 3 or so years form bottling, the wine has consistently been very good relative to it's price point. However it has also been my personal experience that with this label - and this has been tested with multiple vintages - that after 5 or so years, the wine just as good as what it was beforehand.
I will not sit here and say I am a master of Rioja wines, but this is my personal experience with these wines, and as such, it may benefit others that I document this information. So to my critic, I submit and say you are right: this wine isn't flawed, it just happens to go downhill faster than other Rioja wines. Still a great wine if you can get it and enjoy around 3 years after the vintage.