In the second season of running the full schedule, Petty and Pearson each won 16 races during 1968; Pearson won the championship and Petty finished third. Pearson competed primarily for Holman-Moody, winning at Bristol, Richmond, North Wilkesboro, Asheville-Weaverville Speedway, Darlington, Beltsville Speedway, Langley Field Speedway, Charlotte, Middle Georgia Raceway, Bristol, Nashville Speedway, Columbia, Bowman-Gray, Asheville-Weaverville, Hickory, and Augusta Speedway. He added twelve pole positions.