UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 5)*

(Name of Issuer)

(Title of Class of Securities)

(CUSIP Numbers)

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ¨

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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The classes of equity securities to which this Amendment No. 5 to Schedule 13D (this “Amendment”) relates are the Class A Common Stock, par value $0.01 per share (the “Class A Stock”), and the Class B Common Stock, par value $0.01 per share (the “Class B Stock”), of Constellation Brands, Inc., a Delaware corporation with its principal offices at 207 High Point Drive, Building 100, Victor, New York 14564 (the “Company”).

This Amendment is being filed by Richard Sands, Robert Sands, Abigail Bennett, Zachary Stern, CWC Partnership-I, a New York general partnership (“CWCP-I”), and a stockholders group pursuant to Section 13(d)(3) of the Securities Exchange Act of 1934 (collectively, the “Reporting Persons”). The stockholders group (the “Group”) is comprised of Richard Sands, Robert Sands, CWCP-I, and CWC Partnership-II, a New York general partnership (“CWCP-II”).

This Amendment amends the amended and restated Schedule 13D filed in October, 2001 by Richard Sands, Robert Sands, Marilyn Sands, CWCP-I, a trust for the benefit of Andrew Stern M.D. under the Will of Laurie Sands (the “Marital Trust”), a trust created under Irrevocable Trust Agreement dated November 18, 1987 (the “Grandchildren’s Trust”), and the Group (the “Schedule 13D”), as the Schedule 13D was amended by (i) the Schedule 13D Amendment No. 2 filed on August 3, 2006 by Richard Sands, Robert Sands, the Grandchildren’s Trust, Laurie Sands’ Children’s Trust, Richard Sands’ Children’s Trust, Robert Sands’ Children’s Trust and Richard Sands’ Heirs’ Trust, (ii) the Schedule 13D Amendment No. 3 filed on February 17, 2009 by Richard Sands, Robert Sands, CWCP-I, the Marital Trust, Abigail Bennett, RES Business Holdings LP, a Delaware limited partnership (“RES Holdings”), RES Business Management LLC, a Delaware limited liability company (“RES Management”), RSS Business Holdings LP, a Delaware limited partnership (“RSS Holdings”), RSS Business Management LLC, a Delaware limited partnership (“RSS Management”), and the Group (the “Third Amendment”), and (iii) the Schedule 13D Amendment No. 4 filed on April 30, 2009 by Richard Sands, Robert Sands, Abigail Bennett, Zachary Stern, CWCP-I, the Marital Trust and the Group (the “Fourth Amendment”). Laurie Sands’ Children’s Trust, Robert Sands’ Children’s Trust, Richard Sands’ Heirs’ Trust, RES Holdings, RES Management, RSS Holdings, RSS Management and the Marital Trust are not reporting as part of this Amendment because no changes have occurred with respect to their holdings, and Marilyn Sands, the Grandchildren’s Trust and Richard Sands’ Children’s Trust are not reporting as part of this Amendment because they are no longer subject to reporting obligations because they do not beneficially own more than five percent of any class of the Company’s equity securities.

Certain information with respect to the Reporting Persons and Group Members is set forth below:

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The principal office address or business address of each of the Reporting Persons and Group Members is 207 High Point Drive, Building 100, Victor, New York 14564. None of the Reporting Persons or Group Members has, during the last five years, been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which he, she or it is or was subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

Current Transactions. On April 11, 2011 (the “Transaction Date”), Richard Sands entered into Purchase Agreements pursuant to which he sold (i) a 100% membership interest (the “SER LLC Interest”) in SER Business Management LLC, a Delaware limited liability company (“SER Management”), to the JS Family Trust u/a dated April 7, 2011, and (ii) a 99.984% limited partnership interest (the “SER LP Interest”) in SER Business Holdings LP, a Delaware limited partnership (“SER Holdings”), to the JS Descendants’ Trust u/a dated March 25, 2011. The purchase price for the SER LLC Interest was the fair market value of the SER LLC Interest as of April 10, 2011 as determined by an independent appraiser. The purchase price for the SER LP Interest was the fair market value of the SER LP Interest as of April 11, 2011 as determined by an independent appraiser, plus an interest component. The purchase price for the SER LLC

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Interest was paid by the delivery to Richard Sands of a promissory note in the amount of the purchase price, and the purchase price for the SER LP Interest was paid by the delivery to Richard Sands of a combination of cash and a promissory note in the aggregate amount of the purchase price.

SER Holdings holds 2,333,902 shares of Class A Stock and 619,892 shares of Class B Stock, all of which were contributed to SER Holdings by Richard Sands on January 31, 2011. SER Management is the sole general partner of SER Holdings, holding a .016% general partnership interest, and prior to the Transaction Date Richard Sands was the sole limited partner of SER Holdings by virtue of his ownership of the SER LP Interest. Prior to the Transaction Date, Richard Sands was the sole member of SER Management. Abigail Bennett is the sole manager of SER Management, and SER Management is managed by the manager; provided, however, even though he is not the manager of SER Management and is no longer a member of SER Management, Richard Sands has the right to direct the manner in which SER Management causes SER Holdings to vote shares of stock and the right, subject to limitations, to remove and replace the sole manager of SER Management.

Also on the Transaction Date, Robert Sands entered into Purchase Agreements pursuant to which he sold (i) a 100% membership interest (the “SSR LLC Interest”) in SSR Business Management LLC, a Delaware limited liability company (“SSR Management”), to the NS Family Trust u/a dated April 7, 2011, and (ii) a 99.984% limited partnership interest (the “SSR LP Interest”) in SSR Business Holdings LP, a Delaware limited partnership (“SSR Holdings”), to the NS Descendants’ Trust u/a dated April 7, 2011. The purchase price for the SSR LLC Interest was the fair market value of the SSR LLC Interest as of April 10, 2011 as determined by an independent appraiser. The purchase price for the SSR LP Interest was the fair market value of the SSR LP Interest as of April 11, 2011 as determined by an independent appraiser, plus an interest component. The purchase price for the SSR LLC Interest was paid by the delivery to Robert Sands of a promissory note in the amount of the purchase price, and the purchase price for the SSR LP Interest was paid by the delivery to Robert Sands of a combination of cash and a promissory note in the aggregate amount of the purchase price.

SSR Holdings holds 2,333,902 shares of Class A Stock and 619,892 shares of Class B Stock, all of which were contributed to SSR Holdings by Robert Sands on January 28, 2011. SSR Management is the sole general partner of SSR Holdings, holding a ..016% general partnership interest, and prior to the Transaction Date Robert Sands was the sole limited partner of SSR Holdings by virtue of his ownership of the SSR LP Interest. Prior to the Transaction Date, Robert Sands was the sole member of SSR Management. Abigail Bennett is the sole manager of SSR Management, and SSR Management is managed by the manager; provided, however, even though he is not the manager of SSR Management and is no longer a member of SSR Management, Robert Sands has the right to direct the manner in which SSR Management causes SSR Holdings to vote shares of stock and the right, subject to limitations, to remove and replace the sole manager of SSR Management.

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Intervening and Subsequent Transactions. Between the date of the Fourth Amendment and the Transaction Date and subsequent to the Transaction Date, the transactions described below occurred and affected the beneficial ownership of certain of the Reporting Persons or Group Members (collectively, the “Covered Persons”):

The shares of Class A Stock and Class B Stock acquired by Richard Sands and Robert Sands upon the exercise of options or in the Private Transactions were purchased with personal funds of the purchaser, on margin, with proceeds of borrowings, or a combination of the foregoing. No consideration was paid in connection with the Master Trust Distribution or the Stern Distributions.

The current transactions described in Item 3, the Master Trust Distribution and the Stern Distributions were effected primarily for estate planning purposes. The purchases of shares in connection with option exercises and the Private Transactions were for investment purposes, and the restricted shares and shares received upon the vesting of performance share units were received as compensation.

The table below sets forth the shares of Class A Stock and Class B Stock beneficially owned by each Reporting Person and Group Member. The percentages of ownership were

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calculated on the basis of 190,659,362 shares of Class A Stock and 23,599,258 shares of Class B Stock outstanding as of the close of business on May 23, 2011. Shares of Class B Stock are convertible into shares of Class A Stock on a one-to-one basis at any time at the option of the holder. The Company has granted options to purchase Shares of Class 1 Common Stock of the Company, par value $0.01 per share (“Class 1 Stock”). Shares of Class 1 Stock are convertible into shares of Class A Stock on a one-to-one basis at any time at the option of the holder, subject to certain requirements. The description of the transactions set forth in Item 3 is incorporated into this Item 5 by reference.

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CWCP-I and CWCP-II are parties to a Voting Agreement dated April 20, 2009 (the “Voting Agreement”) pursuant to which Abigail Bennett and Zachary Stern were granted the power to vote all shares of Class A Stock and Class B Stock held by CWCP-I and CWCP-II. Ms. Bennett and Mr. Stern must exercise such voting power jointly and were granted an irrevocable proxy enabling them to vote the shares directly. In the event of the death or incapacity of either of Ms. Bennett or Mr. Stern, the other would have the unilateral power to vote the shares. The Voting Agreement provides for the appointment of successor proxies and establishes mechanics for the voting of the shares in the event of a dispute between Ms. Bennett and Mr. Stern as to the voting of the shares. A copy of the Voting Agreement is attached to the Third Amendment as an Exhibit.

Richard Sands and Robert Sands are the managing partners of CWCP-I and trustees of the managing partner of CWCP-II. The Marital Trust is a partner of CWCP-I and CWCP-II and owns a majority in interest of the CWCP-I and CWCP-II partnership interests. Richard Sands and Robert Sands are the special voting trustees of the Marital Trust and, as such, exercise the rights of the Marital Trust with respect to CWCP-I and CWCP-II. The other partners of CWCP-I and CWCP-II are trusts for the benefit of Abigail Bennett and Zachary Stern. Richard Sands, Robert Sands and CWCP-I are general partners of MLR&R. Richard Sands and Robert Sands are directors and officers of the Sands Foundation. RES Management is the sole general partner of RES Holdings, and Abigail Bennett is the sole manager of RES Management. RSS Management is the sole general partner of RSS Holdings, and Abigail Bennett is the sole manager of RSS Management. Richard Sands and Robert Sands are brothers. Abigail Bennett and Zachary Stern are siblings, the children of Laurie Sands, and the niece and nephew, respectively, of Richard Sands and Robert Sands. The relationships among Richard Sands, Robert Sands, Abigail Bennett, SER Holdings, SER Management, SSR Holdings and SSR Management described in Item 3 are incorporated into this Item 6 by reference.

The basis for the Group consists of: (i) a Stockholders Agreement among Richard Sands, Robert Sands and CWCP-I, a copy of which has been previously filed, and (ii) the fact that the

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familial relationship between Richard Sands and Robert Sands, their actions in working together in the conduct of the business of the Company and their capacity as partners and trustees of the general partner of the other members of the Group may be deemed to constitute an agreement to “act in concert” with respect to the Company’s shares. The members of the Group disclaim that an agreement to act in concert exists. Except with respect to the shares subject to the Stockholders Agreement, the shares owned by CWCP-I and CWCP-II and the shares held by the Laurie Sands’ Children’s Trust, no member of the Group is required to consult with any other member of the Group with respect to the voting or disposition of any shares of the Company. In accordance with the terms of their governing documents, any action taken by CWCP-I, CWCP-II or the Laurie Sands’ Children’s Trust with respect to the shares owned by CWCP-I, CWCP-II or the Laurie Sands’ Children’s Trust, respectively, must be taken by both Richard Sands and Robert Sands. As provided in the Voting Agreement, Abigail Bennett and Zachary Stern must act together to vote the shares of CWCP-I and CWCP-II, subject to the application of the dispute mechanics in the Voting Agreement.

The following Reporting Persons (or persons whose shares are reported as beneficially owned by the Reporting Persons) have pledged the following shares of Class B Stock to Goldman Sachs Bank USA for loans made to a Sands family investment vehicle (the “Borrower”) under a credit facility:

The following persons whose shares are reported as beneficially owned by the Reporting Persons have pledged the following shares of Class B Stock to Manufacturers and Traders Trust Company and First Niagara Bank for loans made to the Borrower under a credit facility:

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The following Reporting Persons have pledged the following shares of Class A Stock or Class B Stock to ML Private Finance, LLC as collateral for loans made to the Borrower under a credit facility:

In addition, RES Holdings has pledged 294,018 shares of Class B Stock to an affiliate of ML Private Finance, LLC to secure a loan made by such affiliate to a third party in which Richard Sands has an economic interest.

Subject to the terms of the various credit facilities, the number of shares of Class A Stock and Class B Stock pledged to secure the credit facilities may increase or decrease from time to time and may be moved by the applicable pledgors among the various financial institutions or JPMorgan Chase Bank, N.A. from time to time. In the event of noncompliance with certain covenants under the credit facilities, the financial institutions have certain remedies including the right to sell the pledged shares subject to certain protections afforded to the Borrower and pledgors. Certain of the shares of Class A Stock and Class B Stock may from time to time be held by the Reporting Persons or Group Members in margin accounts. If there were a margin call under such a margin account or the Reporting Person or Group Member defaulted under the terms of such a margin account, the broker with whom such margin account has been established may have the right to sell the shares of Class A Stock or Class B Stock held in such margin account.

Signature

After reasonable inquiry and to the best of my knowledge and belief I certify that the information set forth in this statement is true, complete and correct.