Abstract: A racking system for transporting a bicycle comprising a framework upon which the bicycle is mounted. A pair of telescoping arms, adjustable in length, are pivotally connected to the framework and removably secured to the seat post of the bicycle. The arms extend downwardly from the bicycle to the framework on opposite sides of the bicycle for laterally supporting the bicycle. The racking system further includes a tension mechanism having a tightening strap extending through the front wheel of the bicycle and through a cam buckle which is attached to an anchor strap to the framework for tightening the bicycle to the framework. The cam buckle frictionally engages the tightening strap to tighten the strap at the desired tension. The tension mechanism and the arms are configured and positioned to distribute the load on the bicycle so that the bicycle, frame, arms and tension mechanism are in a state of static equilibrium.