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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]
Kasey Kahne, driver of the #5 Quicken Loans Chevrolet SS, races to an eighth place finish with Dale Earnhardt, Jr., driver of the #88 Nationwide Chevrolet SS who finished in second place Saturday night, April 9, 2016 in the NASCAR Sprint Cup Series race at Texas Motor Speedway in Fort Worth, Texas.  (Photo by Alan Marler for Chevy Racing)
Dale Earnhardt, Jr., driver of the #88 Nationwide Chevrolet SS, finishes in second place Saturday night, April 9, 2016 in the NASCAR Sprint Cup Series race at Texas Motor Speedway in Fort Worth, Texas. (Photo by Brian Cleary for Chevy Racing)
Kevin Harvick, driver of the #4 Jimmy John`s Chevrolet, pits during the NASCAR Sprint Cup Series Auto Club 400 at Auto Club Speedway on March 20, 2016 in Fontana, California. (Photo Credit: Photo by Jeff Zelevansky/NASCAR via Getty Images)
Kevin Harvick, driver of the #4 Jimmy John`s Chevrolet, leads a pack of cars during the NASCAR Sprint Cup Series Auto Club 400 at Auto Club Speedway on March 20, 2016 in Fontana, California. (Photo Credit: Photo by Robert Laberge/Getty Images)
Kevin Harvick, driver of the #4 Jimmy John’s Chevrolet SS SS, qualifies for second position Friday, March 18, 2016 for Sunday`s NASCAR Sprint Cup Series race at Auto Club Speedway in Fontana, California. Harvick will be joined on the front row by pole setter Austin Dillon, driver of the #3 American Ethanol Chevrolet SS. (Photo by Harold Hinson for Chevy Racing)
Austin Dillon, driver of the #3 American Ethanol Chevrolet SS, captures the pole position Friday, March 18, 2016 for a front row start in Sunday`s NASCAR Sprint Cup Series race at Auto Club Speedway in Fontana, California. Dillon will be joined on the front row with Kevin Harvick, driver of the #4 Jimmy John’s Chevrolet SS who qualified second. (Photo by Harold Hinson for Chevy Racing)
Austin Dillon, driver of the #3 American Ethanol Chevrolet SS, with team owner and grandfather Richard Childress after capturing the pole position Friday, March 18, 2016 for a front row start in Sunday`s NASCAR Sprint Cup Series race at Auto Club Speedway in Fontana, California. Dillon will be joined on the front row with Kevin Harvick, driver of the #4 Jimmy John’s Chevrolet SS who qualified second. (Photo by Harold Hinson for Chevy Racing)
Austin Dillon, driver of the #3 American Ethanol Chevrolet SS, captures the pole position Friday, March 18, 2016 for a front row start in Sunday`s NASCAR Sprint Cup Series race at Auto Club Speedway in Fontana, California. Dillon will be joined on the front row with Kevin Harvick, driver of the #4 Jimmy John’s Chevrolet SS who qualified second. (Photo by Harold Hinson for Chevy Racing)
Kevin Harvick, driver of the #4 Jimmy John’s Chevrolet SS, celebrates his eighth Phoenix win with his crew Sunday, March 13, 2016 in the NASCAR Sprint Cup Series race at Phoenix International Raceway in Avondale, Arizona. He won by a hundredth of a second, closest finish in NASCAR Sprint Cup History. This was Harvick`s 500th consecutive series start, a feat accomplished only by 14 others throughout the history of NASCAR.  (Photo by Harold Hinson for Chevy Racing)
Kevin Harvick, driver of the #4 Jimmy John’s Chevrolet SS, races to his eighth Phoenix win with Kurt Busch, driver of the #41 Monster Energy/Haas Automation Chevrolet SS who finished in sixth place Sunday, March 13, 2016 in the NASCAR Sprint Cup Series race at Phoenix International Raceway in Avondale, Arizona. Harvick won by a hundredth of a second, closest finish in NASCAR Sprint Cup History. This was his 500th consecutive series start, a feat accomplished only by 14 others throughout the history of NASCAR. (Photo by Andrew Coppley for Chevy Racing)
Kevin Harvick, driver of the #4 Jimmy John’s Chevrolet SS, takes the chequered flag for his eighth Phoenix win Sunday, March 13, 2016 in the NASCAR Sprint Cup Series race at Phoenix International Raceway in Avondale, Arizona. He won by a hundredth of a second, closest finish in NASCAR Sprint Cup History. This was Harvick`s 500th consecutive series start, a feat accomplished only by 14 others throughout the history of NASCAR. (Photo by Andrew Coppley for Chevy Racing)
Kevin Harvick, driver of the #4 Jimmy John’s Chevrolet SS, celebrates his eighth Phoenix win Sunday, March 13, 2016 in the NASCAR Sprint Cup Series race at Phoenix International Raceway in Avondale, Arizona. He won by a hundredth of a second, closest finish in NASCAR Sprint Cup History. This was Harvick`s 500th consecutive series start, a feat accomplished only by 14 others throughout the history of NASCAR. (Photo by Gregg Ellman for Chevy Racing)
Kevin Harvick, driver of the #4 Jimmy John`s Chevrolet, leads Kurt Busch, driver of the #41 Monster Energy / Haas Automation Chevrolet, during the NASCAR Sprint Cup Series Good Sam 500 at Phoenix International Raceway on March 13, 2016 in Avondale, Arizona.  (Photo Credit: Photo by Jonathan Ferrey/NASCAR via Getty Images)
Kevin Harvick, driver of the #4 Jimmy John`s Chevrolet, beats Carl Edwards, driver of the #19 Stanley Toyota, to the chequered flag to win the NASCAR Sprint Cup Series Good Sam 500 at Phoenix International Raceway on March 13, 2016 in Avondale, Arizona.  (Photo Credit: Photo by Jonathan Ferrey/NASCAR via Getty Images)
Kevin Harvick, driver of the #4 Jimmy John`s Chevrolet, poses with the winner`s decal on his car in Victory Lane after winning the NASCAR Sprint Cup Series Good Sam 500 at Phoenix International Raceway on March 13, 2016 in Avondale, Arizona.  (Photo Credit: Photo by Robert Laberge/NASCAR via Getty Images)
Kevin Harvick, driver of the #4 Jimmy John`s Chevrolet, celebrates after winning the NASCAR Sprint Cup Series Good Sam 500 at Phoenix International Raceway on March 13, 2016 in Avondale, Arizona.  (Photo Credit: Photo by Christian Petersen/Getty Images)

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