1 EXHIBIT 12.1 HEAFNER TIRE GROUP, INC. STATEMENT REGARDING: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND PREFERRED STOCK DIVIDENDS (Amounts in thousands, except ratio amounts) QUARTER ENDED QUARTER ENDED APRIL 1, 2000 MARCH 31, 1999 (UNAUDITED) (UNAUDITED) ------------- -------------- Consolidated pretax income (loss) from continuing operations................................................ $(4,063) $(2,053) Interest.................................................... 5,829 5,112 Interest portion of rent expense............................ 2,488 2,179 ------- ------- EARNINGS.................................................... 4,254 5,238 ======= ======= Interest.................................................... 5,829 5,112 Interest portion of rent expense............................ 2,488 2,179 ------- ------- FIXED CHARGES............................................... 8,317 7,291 ======= ======= RATIO OF EARNINGS TO FIXED CHARGES.......................... -- -- ======= =======