This bottle drying rack was made from leftover scraps (making it effectively a free project) and can hold 72 bottles.
Scrap wood for legs
Step 1: Layout
Step 2: The Holes
I drilled a test hole in a piece of scrap wood using a 1 3/4" hole saw. Perfect fit.
Using a fast drill and the hole saw I drilled 72 holes in the hard-board using the layout lines from the previous step.
Step 3: The Legs
We're basically building a little L shape to prop the hard-board up off the floor so the bottles can drain (and remain sanitary). For this I use two pieces of scrap wood. The are actually shelves from the IKEA as-is department. 10 cents each and the turned out to be too small for what I purchased them for. This turned out to be an excellent use for them!
I cut each into 5 equal pieces, pre drilled holes, and screwed them together.