Wine storage system including a front panel, a back panel, and two side panels. The wine storage system can be in an assembled or disassembled state and can be assembled or disassembled by a user. When assembled, the wine storage system takes the form of a wine rack. The front panel and back panel each comprise a plurality of wine bottle apertures configured to receive wine bottles. The design of the wine storage system is such that when the wine rack is assembled, the wine bottle apertures of the front panel correspond to wine bottle apertures of the back panel to form a support structure for the wine bottles to be placed at an incline or a substantially horizontal position in the wine rack.