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The German company was founded in 1855 by Adam Josef Racke (1827-1913) in Bingen am Rhein and is today one of the leading suppliers of premium wines. The family, which at that time was still written in the form Raquet or Raqué, was of French or Huguenot origin. Initially they sold wine and wine vinegar and produced brandy, but soon they also ran their own winery. Son Georg Racke (1860-1914) successfully continued the business, he was also a member of parliament in the DWV (German Wine Growers' Association) and president of the Bingen winery owners. After his early death, son-in-law Heinrich Moller-Racke (1884-1967) took over the management. After the Second World War, a large part of the operating facilities were destroyed by bombs. The reconstruction was carried out under Harro Moller-Racke (1920-2006). In his era the brand "Racke Rauchzart" was created as the first German whisky. From 1960 onwards, the red wine "Amselfelder" (Kosovo) was launched on the market, which developed into one of the most successful brand wines in Germany.

Since 1991, Marcus Moller-Racke (*1956), the fifth generation of the family, has been responsible for the company as Chairman of the Board. The sparkling wine brand Kupferberg Gold was sold to Henkell in 2004. In 2006 Racke withdrew completely from the spirits business and sold, among others, the brands Der Gute Pott (rum) and Scharlachberg (brandy) to Henkell, as well as Dujardin (brandy) and Racke Rauchzart to Schwarze & Schlichte. In 2008, the European headquarters were relocated to Mainz. In the same year, the Bremen trading company Egger & Franke was also acquired and the subsidiary "Racke Eggers & Franke" was founded. All Racke wines, joint venture wines and the wines previously in the portfolio of Eggers & Franke are distributed in Germany by this company. In Europe there are also the other distribution subsidiaries Racke Nederland, Racke Polska, Racke-GIV CR for the Czech market, as well as overseas Racke USA. Following extensive restructuring, the Racke Group now has over 200 employees, 120 of whom are based in Germany.

In 2008, most of the low-price brand wines under a purchase price of three EURO such as Amselfelder, Amselkeller, Bongeronde and Viala were sold together with the winery in Hechtsheim to the French company Grands Chais de France. There was now no longer a bottling plant of its own. There had not been an own vineyard in Germany for a long time. The product range now included the brand wines Blanchet, Castel (Bordeaux), Espíritu de Argentina (Argentina), Espíritu de Chile (Chile), Golden Kaan (South Africa), Melini and Lamberti (Gruppo Italiano Vini, Italy), Rebian's (Germany), Vitae (Italy), and Yellow Tail (Casella Wines, Australia). The Donum Estate", with 100 hectares of vineyards, was established in the Californian area of Los Carneros, where various Pinot Noir wines are produced.

Due to massive financial problems, the company parted with important parts of the company at the end of 2009. Following the sale of the Blanchet brand line to Rotkäppchen-Mumm, the properties on the Kupferbergterrasse, the winery The Donum Estate, the holdings in the joint ventures Espiritù de Chile and Vitae and, as a management buy-out, the subsidiaries Racke Netherlands and Racke Czech Republic are also being sold. Marcus Moller-Racke will then retain sole ownership of the two profitable companies Racke Eggers & Franke and Racke Poland. In the case of the Espiritù de Chile and Vitae brands, the company reserves the right to buy back its 50% stake and, once it has been freed from its legacy, intends to retain the option to buy back and implement its strategic plan of a World Wine Alliance (WWA), an association of family-run, internationally active wine companies. See also the world's largest wine companies.

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