Abstract: A Bicycle storage or display rack comprising:A telescopic Main Body Member comprised of a Lower Body Member and an Upper Body Member whereby the Upper Member is slidably disposed within the Lower Member thereby allowing the Main Body to be telescopically extended or retracted. A Locking or Clamping Device is provided whereby the overall length of the Main Body can be rigidly secured at any length of extension or retraction. Resilient-Pressure End Caps, located at the opposing ends of the Main Body, allow the rigidly secured Main Body Member to be effectively compressed or wedged between two opposing mounting surfaces. Bicycle suspension means, adapted for attachment to said Main Body Member, allow effective suspension of bicycles from the Main Body Member. Said bicycle suspension means include a Perpendicular Wheel-Hook Assembly, comprised of at least two sets of Wheel Hook Apertures, wherein one set is drilled substantially perpendicular and substantially staggered relative to the other set.