On this track, Lil Pump raps about many recurring themes in his music – his wealth, drug use, sexual endeavors, and designer clothing.

Pump first previewed “Racks on Racks” on October 21, 2018, claiming that if the post received 500,000 comments, he would release the song.

On January 30, 2019, Pump announced that the song and its music video would be released on the following day.