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 March 31, 2001 April 1, 2000 (unaudited) (unaudited) -------------- ------------- Consolidated pretax loss from continuing operations $ (8,519) $ (1,613) Interest 7,410 5,784 Interest portion of rent expense 2,294 2,488 -------- -------- EARNINGS $ 1,185 $ 6,659 ======== ======== Interest $ 7,410 $ 5,784 Interest portion of rent expense 2,294 2,488 -------- -------- FIXED CHARGES $ 9,704 $ 8,272 ======== ======== RATIO OF EARNINGS TO FIXED CHARGES -- -- ======== ========