1To make simple syrup, in 1 1/2-quart saucepan, mix sangria simple syrup ingredients. Heat to boiling over medium heat. Simmer 3 minutes, stirring occasionally. Remove from heat; let cool 30 minutes. Strain mixture through fine mesh strainer; discard solids. Cover and chill sangria syrup until ready to use. Makes about 1 1/2 cups.
2To make cocktail, fill cocktail shaker with ice. Add vodka and orange liqueur to cocktail shaker; cover and shake. Strain into martini glass. Drizzle sangria syrup into cocktail in glass. Garnish with cherry.