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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 #5 Bad Boy Buggies Chevrolet, celebrates in Victory Lane after winning the NASCAR Nationwide Series Great Clips 300 at Atlanta Motor Speedway on August 30, 2014 in Hampton, Georgia. (Photo Credit: Jeff Curry/Getty Images)
Kevin Harvick, driver of the #5 Bad Boy Buggies Chevrolet, celebrates in Victory Lane after winning the NASCAR Nationwide Series Great Clips 300 at Atlanta Motor Speedway on August 30, 2014 in Hampton, Georgia. (Photo Credit: Jeff Curry/Getty Images)
Kevin Harvick, driver of the #5 Bad Boy Buggies Chevrolet, crosses the finish line to win the NASCAR Nationwide Series Great Clips 300 at Atlanta Motor Speedway on August 30, 2014 in Hampton, Georgia.  (Photo Credit: Todd Warshaw/NASCAR via Getty Images)
Kevin Harvick, driver of the #5 Bad Boy Buggies Chevrolet, celebrates with a burnout after winning the NASCAR Nationwide Series Great Clips 300 at Atlanta Motor Speedway on August 30, 2014 in Hampton, Georgia. (Photo Credit: Todd Warshaw/NASCAR via Getty Images)
Kevin Harvick, driver of the #5 Bad Boy Buggies Chevrolet, races Chris Buescher, driver of the #60 Teenage Mutant Ninja Turtles Ford, during the NASCAR Nationwide Series Great Clips 300 at Atlanta Motor Speedway on August 30, 2014 in Hampton, Georgia. (Photo Credit: Jeff Curry/Getty Images)
Chase Elliott, driver of the #9 NAPA AUTO PARTS Chevrolet, takes the green flag waved by Evander Holyfield to start the NASCAR Nationwide Series Great Clips 300 at Atlanta Motor Speedway on August 30, 2014 in Hampton, Georgia. (Photo Credit: Todd Warshaw/NASCAR via Getty Images)
Kevin Harvick, driver of the #4 Jimmy John’s Chevrolet SS, won the Pole position Friday, August 29, 2014 for Sunday`s Nascar Sprint Cup race at Atlanta Motor Speedway in Hampton, Georgia. It was Harvick`s sixth pole win of the 2014 season. He is 7th in the NASCAR Sprint Cup Series (NSCS) standings. (Photo by Harold Hinson/HHP for Chevy Racing)
Kevin Harvick, driver of the #4 Jimmy John`s Chevrolet, practices for the NASCAR Sprint Cup Series Oral-B USA 500 at Atlanta Motor Speedway on August 29, 2014 in Hampton, Georgia. (Photo Credit: Todd Warshaw/NASCAR via Getty Images)
Kevin Harvick (L), driver of the #5 Bad Boy Buggies Chevrolet, talks to Regan Smith, driver of the #7 TaxSlayer Bowl Chevrolet, in the garage area during practice for the NASCAR Nationwide Series Great Clips 300 at Atlanta Motor Speedway on August 29, 2014 in Hampton, Georgia. (Photo Credit: Todd Warshaw/NASCAR via Getty Images)
Kyle Larson, driver of the #42 ENEOS Chevrolet, is involved in an incident during the NASCAR Nationwide Series Food City 300 at Bristol Motor Speedway on August 22, 2014 in Bristol, Tennessee. (Photo Credit: Rainier Ehrhardt/Getty Images)
Ryan Blaney, driver of the #22 Discount Tire Ford, celebrates in Victory Lane after winning the NASCAR Nationwide Series Food City 300 at Bristol Motor Speedway on August 22, 2014 in Bristol, Tennessee. (Photo Credit: Patrick Smith/Getty Images)
Ryan Blaney, driver of the #22 Discount Tire Ford, celebrates with a burnout after winning the NASCAR Nationwide Series Food City 300 at Bristol Motor Speedway on August 22, 2014 in Bristol, Tennessee. (Photo Credit: Patrick Smith/Getty Images)
Ryan Blaney, driver of the #22 Discount Tire Ford, takes the chequered flag to win the NASCAR Nationwide Series Food City 300 at Bristol Motor Speedway on August 22, 2014 in Bristol, Tennessee. (Photo Credit: Brian Lawdermilk/NASCAR via Getty Images)
Kevin Harvick, driver of the #4 Jimmie John`s Chevrolet SS, won the pole position Friday, August 22, 2014 for Saturday evening`s Nascar Sprint Cup race at Bristol Motor Speedway in Bristol, Tennessee. Harvick is sixth in the NASCAR Sprint Cup Series (NSCS) standings. (Photo by Harold Hinson/HHP for Chevy Racing)
Kevin Harvick, driver of the #4 Jimmy John`s Chevrolet, poses with the pole award after qualifying fastest for the NASCAR Sprint Cup Series Irwin Tools Night Race at Bristol Motor Speedway on August 22, 2014 in Bristol, Tennessee. (Photo Credit: Rainier Ehrhardt/Getty Images)
Kevin Harvick, driver of the #4 Jimmy John`s Chevrolet, poses with his wife DeLana, son Keelan, and the pole award after qualifying fastest for the NASCAR Sprint Cup Series Irwin Tools Night Race at Bristol Motor Speedway on August 22, 2014 in Bristol, Tennessee. (Photo Credit: Rainier Ehrhardt/Getty Images)

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