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) 3 MONTHS 3 MONTHS 9 MONTHS 9 MONTHS ENDED ENDED ENDED ENDED SEPTEMBER 30, SEPTEMBER 30, SEPTEMBER 30, SEPTEMBER 30, 2000 1999 2000 1999 (UNAUDITED) (UNAUDITED) (UNAUDITED) (UNAUDITED) ------------- ------------- ------------- ------------- Consolidated pretax income (loss) from continuing operations...................... 14 (2,844) (8,050) (2,846) Interest..................................... 7,003 5,622 18,979 16,310 Interest portion of rent expense............. 3,219 2,267 8,653 6,770 ------ ------ ------ ------ EARNINGS..................................... 10,236 5,045 19,582 20,234 ====== ====== ====== ====== Interest..................................... 7,003 5,622 18,979 16,310 Interest portion of rent expense............. 3,219 2,267 8,653 6,770 ------ ------ ------ ------ FIXED CHARGES................................ 10,222 7,889 27,632 23,080 ====== ====== ====== ====== RATIO OF EARNINGS TO FIXED CHARGES........... 1.00 -- -- -- ====== ====== ====== ======