Abstract: A modular rack assembly for wine bottles which is formed from one or more frame members which each have a racking body coupled therewith. Each racking body in the assembly includes a plurality suspension cords which extend from a top portion thereof to a bottom portion thereof, and have a plurality of shelves, bottle holders, or other support mechanisms for receiving and holding a bottle, fixed to and dispersed along the suspension cords vertically. A composite modular rack assembly, formed from two or more side by side modular rack assemblies, may include frame members of at least two distinct widths, and the selection of which racking body will be coupled with each frame member allows for the provision of a wide variety of customized configurations through a limited number of modular component parts.