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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]
Kevin Harvick, driver of the #4 Jimmy John`s Chevrolet, leads a pack of cars into the pits during the NASCAR Sprint Cup Series Crown Royal Presents The John Wayne Walding 400 at the Brickyard Indianapolis Motor Speedway on July 27, 2014 in Indianapolis, Indiana.  (Photo Credit: Chris Graythen/NASCAR via Getty Images)
Kevin Harvick, driver of the #4 Jimmy John`s Chevrolet, and Jeff Gordon, driver of the #24 Axalta Chevrolet, lead the field to the green flag for the start of the NASCAR Sprint Cup Series Crown Royal Presents The John Wayne Walding 400 at the Brickyard Indianapolis Motor Speedway on July 27, 2014 in Indianapolis, Indiana. (Photo Credit: Patrick Smith/NASCAR via Getty Images)
Ty Dillon, driver of the #3 Bass Pro Shops Chevrolet, and his team celebrate by kissing the bricks after winning the NASCAR Nationwide Series Lilly Diabetes 250 at Indianapolis Motor Speedway on July 26, 2014 in Indianapolis, Indiana.  (Photo Credit: Rainier Ehrhardt/Getty Images)
Ty Dillon, driver of the #3 Bass Pro Shops Chevrolet, celebrates with a burnout after winning the NASCAR Nationwide Series Lilly Diabetes 250 at Indianapolis Motor Speedway on July 26, 2014 in Indianapolis, Indiana. (Photo Credit: Sean Gardner/NASCAR via Getty Images)
Ty Dillon, driver of the #3 Bass Pro Shops Chevrolet, celebrates in Victory Lane after winning the NASCAR Nationwide Series Lilly Diabetes 250 at Indianapolis Motor Speedway on July 26, 2014 in Indianapolis, Indiana. (Photo Credit: Brian Lawdermilk/NASCAR via Getty Images)
Ty Dillon, driver of the #3 Bass Pro Shops Chevrolet, celebrates in Victory Lane after winning the NASCAR Nationwide Series Lilly Diabetes 250 at Indianapolis Motor Speedway on July 26, 2014 in Indianapolis, Indiana. (Photo Credit: Brian Lawdermilk/NASCAR via Getty Images)
Ty Dillon, driver of the #3 Bass Pro Shops Chevrolet, stands on the grid with Haley Carey prior to the start of the NASCAR Nationwide Series Lilly Diabetes 250 at Indianapolis Motor Speedway on July 26, 2014 in Indianapolis, Indiana. (Photo Credit: Sean Gardner/NASCAR via Getty Images)
Kyle Busch, driver of the #54 Monster Energy Toyota, and Matt Kenseth, driver of the #20 Resers Toyota, lead the field at the start of the NASCAR Nationwide Series Lilly Diabetes 250 at Indianapolis Motor Speedway on July 26, 2014 in Indianapolis, Indiana. (Photo Credit: Andy Lyons/NASCAR via Getty Images)
Ty Dillon, driver of the #3 Bass Pro Shops Chevrolet, celebrates with brother and Sprint Cup driver Austin Dillon after Ty won the NASCAR Nationwide Series Lilly Diabetes 250 at Indianapolis Motor Speedway on July 26, 2014 in Indianapolis, Indiana. (Photo Credit: Chris Graythen/NASCAR via Getty Images)
The Richard Childress Racing #3 Chevrolet Nationwide Series car driven by Ty Dillon. (Photo Credit: Getty Images for NASCAR)
Ty Dillon with his team owner and grandfaster Richard Childress at Las Vegas Motor Speedway on March 7 2014. (Photo Credit: Jonathan Ferrey/Getty Images)
Kevin Harvick, driver of the #4 Jimmy John`s Chevrolet, qualifies for the NASCAR Sprint Cup Series Crown Royal Presents The John Wayne Walding 400 at the Brickyard Indianapolis Motor Speedway on July 26, 2014 in Indianapolis, Indiana. (Photo Credit: Sean Gardner/NASCAR via Getty Images)
Jeff Gordon, driver of the #24 Axalta Chevrolet SS, qualified 2nd fastest Saturday, July 26, 2014 for Sunday`s Brickyard 400 Nascar Sprint Cup race at Indianapolis Motor Speedway in Indianapolis, Indiana. Next to him on the front row will be pole winner Kevin Harvick, driver of the #4 Jimmy John’s Chevrolet SS. (Photo by Harold Hinson/HHP for Chevy Racing)
Kevin Harvick, driver of the #4 Jimmy John’s Chevrolet SS, was the fastest qualifier Saturday, July 26, 2014 to capture the pole position for Sunday`s Brickyard 400 Nascar Sprint Cup race at Indianapolis Motor Speedway in Indianapolis, Indiana. Jeff Gordon, driver of the #24 Axalta Chevrolet SS will join him on the front row. (Photo by Rusty Jarrett/HHP for Chevy Racing)
Darrell Wallace Jr. , driver of the #54 ToyotaCare Toyota, celebrates after winning the Camping World Truck 2nd Annual 1-800 Car Cash Mudsummer Classic at Eldora Speedway on July 23, 2014 in Rossburg, Ohio. (Photo Credit: Sean Gardner/NASCAR via Getty Images)
Darrell Wallace Jr., driver of the #54 ToyotaCare Toyota, does a burnout after winning the Camping World Truck 2nd Annual 1-800 Car Cash Mudsummer Classic at Eldora Speedway on July 23, 2014 in Rossburg, Ohio. (Photo Credit: Sean Gardner/NASCAR via Getty Images)

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