My wife makes a wonderful gazpacho. There's a little wine vinegar in it, but it's not at all dominant. Maybe an unoaked crisp white like an Albariño, Vermentino, or Sauvignon Blanc. Some people enjoy Sherry with it. Champagne might be OK. It's not a dish that cries out for wine.
Fino sherry is the classic pairing I, on the other hand, would recommend a rather neutral, refreshing wine such as a muscadet. I, have not experienced a large variance in the three main 2011 offerings by Domaine l’Ecu, all well under $30. Light, refreshing, non overpowering, exactly like your gazpacho, absolutely!
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