In 1986, Yarborough won his final career pole at the Firecracker 400, and had five top-ten finishes. He scored a victory at Talladega during IROC X and finished third in the standings. In 1987, he left the Ranier-Lundy team and purchased Jack Beebe's Race Hill Farm team. Yarborough took the Hardee's sponsorship and began running the No. 29 Oldsmobile Delta 88 as an owner/driver, posting two top-five finishes. He ran his final season in 1988 in an Oldsmobile Cutlass Supreme, entering ten races and posting two ninth-place finishes. He retired at the end of the year.