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Harvick confirms closure of KHI

Cup driver Kevin Harvick has confirmed that he is shutting down the operations of his NASCAR race team and manufacturing company Kevin Harvick Inc. at the end of the season.
Kevin Harvick Inc. may be able to boast one of the leading vehicles in the NASCAR Camping World Truck Series at present after co-owner Kevin Harvick contributed to a recent hat-trick of wins in the series, but success is no guarantee of survival in the present business climate - as KHI has just demonstrated.

Harvick confirmed on Friday that he is shutting down the Truck team, having already suspended manufacturing operations last month and earlier this week announced that the Nationwide Series operations would be rolled into Richard Childress Racing in 2012.

"The racing portion of Kevin Harvick Inc., the only part that will still exist, will operate out of RCR, but there won't be anything racing-wise operating out of our shop," said Harvick in Friday's media appearances. "We'll get rid of it."

KHI has a 80,000-square-foot facility in Kernersville, N.C. and a workforce of 140, some of whom will transfer over to RCR to support the newly merged Nationwide Series operations. But for the others, a big question mark hangs over their future.

Harvick insisted that it had come down to a purely business decision. "There were no financial issues. We were making it all work, but sometimes you feel like you have to get something out of it. In the end, it's business," he said. "We were winning races and loved to be a part of that, but in the end, it's business.

"We've scrimped and scraped and got the sponsorship and things you need. General Motors has been a great supporter, but from a business standpoint, sometimes you have to make decisions on what you want to do. For us, it just didn't make sense."

Once Harvick made the decision to move the Nationwide operation back to RCR - with the new cars much closer to Cup cars, making it beneficial to build and run them side-by-side with the Childress Cup stable - the rest of the KHI operation no longer really justified continuing, Harvick explained.

"The technical inspections have become extremely difficult for a stand-alone team to make the things right that need to be right in order to keep up with the Cup teams, you have to be in a Cup shop."

Harvick also wants to remove distractions so that he can spend more time on his Cup campaigns in the future

"The only thing that I want to do that we haven't been able to accomplish in my career is win a Cup championship," said Harvick. "Cup cars make it all go around ... Without the Cup car being successful, the trucks don't exist, the Nationwide cars don't exist and the sponsors aren't there.




Related Pictures

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Kevin Harvick at Darlington Raceway in 2011 [Picture credit: Jared Tilton/Getty Images for Darlington Raceway]
Kevin Harvick leads Johnny Sauter late in the NASCAR Camping World Truck Series O`Reilly 200 on Wednesday at Bristol Motor Speedway. [Photo Credit: Chris Graythen/Getty Images for NASCAR]
Jimmie Johnson, driver of the #48 Lowe’s Pro Services Chevrolet SS, takes the chequered flag, Sunday, May 31, 2015, in the NASCAR Sprint Cup race at Dover International Speedway in Dover, Delaware. This was Johnson`s 10th win at Dover, his career 74th. Following in second and third place are Kevin Harvick, driver of the # 4 DiTech Chevrolet SS and Kyle Larson, driver of the # 42 Target Chevrolet SS. (Photo by David Tullis/HHP for Chevy Racing)
Dale Earnhardt Jr., driver of the #88 Nationwide Chevrolet, races Trevor Bayne, driver of the #6 AdvoCare Ford, during the NASCAR Sprint Cup Series FedEx 400 Benefiting Autism Speaks at Dover International Speedway on May 31, 2015 in Dover, Delaware.  (Photo Credit: Photo by Todd Warshaw/Getty Images)
Tyler Reddick, driver of the #19 BBR Music Group Ford, lifts the Miles the Monster trophy in Victory Lane after winning the NASCAR Camping World Truck Series Lucas Oil 200 at Dover International Speedway on May 29, 2015 in Dover, Delaware.  (Photo Credit: Photo by Sean Gardner/Getty Images)
Ryan Blaney, driver of the #29 Cooper Standard Ford, leads the field to the green flag for the running of the NASCAR Camping World Truck Series Lucas Oil 200 at Dover International Speedway on May 29, 2015 in Dover, Delaware.  (Photo Credit: Photo by Chris Trotman/NASCAR via Getty Images)
Timothy Peters, driver of the #17 Red Horse Racing Toyota, races Cole Custer, driver of the #00 Haas Automation Chevrolet, during the NASCAR Camping World Truck Series Lucas Oil 200 at Dover International Speedway on May 29, 2015 in Dover, Delaware.  (Photo Credit: Photo by Daniel Shirey/NASCAR via Getty Images)
Tyler Reddick, driver of the #19 BBR Music Group Ford, takes the chequered flag to win the NASCAR Camping World Truck Series Lucas Oil 200 at Dover International Speedway on May 29, 2015 in Dover, Delaware.  (Photo Credit: Photo by Chris Trotman/NASCAR via Getty Images)
Tyler Reddick, driver of the #19 BBR Music Group Ford, celebrates with the chequered flag after winning the NASCAR Camping World Truck Series Lucas Oil 200 at Dover International Speedway on May 29, 2015 in Dover, Delaware. (Photo Credit: Photo by Matt Sullivan/NASCAR via Getty Images)
Tyler Reddick, driver of the #19 BBR Music Group Ford, celebrates in Victory Lane after winning during the NASCAR Camping World Truck Series Lucas Oil 200 at Dover International Speedway on May 29, 2015 in Dover, Delaware. (Photo Credit: Photo by Daniel Shirey/NASCAR via Getty Images)
Tyler Reddick, driver of the #19 BBR Music Group Ford, celebrates in Victory Lane after winning during the NASCAR Camping World Truck Series Lucas Oil 200 at Dover International Speedway on May 29, 2015 in Dover, Delaware. (Photo Credit: Photo by Daniel Shirey/NASCAR via Getty Images)
Kevin Harvick, driver of the #4 DiTech Chevrolet SS, qualified for sixth position, Friday, May 29, 2015, for the NASCAR Sprint Cup race Sunday at Dover International Speedway in Dover, Delaware. Harvick leads the NASCAR Sprint Cup Series (NSCS) standings. (Photo by Alan Marler/HHP for Chevy Racing)
Martin Truex Jr., driver of the #78 Furniture Row/Visser Precision Chevrolet, Kevin Harvick, driver of the #4 Budweiser/Jimmy John`s Chevrolet, and Denny Hamlin, driver of the #11 FedEx Office Toyota, lead the field into turn one during the NASCAR Sprint Cup Series Coca-Cola 600 at Charlotte Motor Speedway on May 24, 2015 in Charlotte, North Carolina. (Photo Credit: Rainier Ehrhardt/Getty Images)
Kevin Harvick, driver of the #4 Budweiser/Jimmy John’s Chevrolet SS, finished in ninth place, Sunday, May 24, 2015, in the NASCAR Sprint Cup race at Charlotte Motor Speedway in Concord, North Carolina. (Photo by Garry Eller/HHP for Chevy Racing)
Dale Earnhardt, Jr., driver of the #88 Nationwide Chevrolet SS, finished in third place, Sunday, May 24, 2015, in the NASCAR Sprint Cup race at Charlotte Motor Speedway in Concord, North Carolina. (Photo by Alan Marler/HHP for Chevy Racing)
Kevin Harvick, driver of the #4 Budweiser/Jimmy John’s Chevrolet SS, qualifies for eighth position, Thursday, May 21, 2015, for Sunday`s NASCAR Sprint Cup race at Charlotte Motor Speedway in Concord, North Carolina. Harvick leads the NASCAR Sprint Cup Series (NSCS) standings. All 43 drivers will be participating in
Kevin Harvick, driver of the #4 Hunt Brothers Pizza Chevrolet SS, finishes in second place, Saturday night, May 16, 2015, in the Sprint All-Star Race at Charlotte Motor Speedway in Concord, North Carolina. (Photo by Harold Hinson/HHP for Chevy Racing)
Kasey Kahne, driver of the #00 Haas Automation Chevrolet, leads a pack of trucks during the NASCAR Camping World Truck Series North Carolina Education Lottery 200 at Charlotte Motor Speedway on May 15, 2015 in Charlotte, North Carolina. (Photo Credit: Drew Hallowell/Getty Images)

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