HICKORY, N.C. – PPI Motorsports and Ricky Craven announced late Thursday night that they will part ways at the end of the 2004 NASCAR Nextel racing season.

PPI and Craven remain committed to each other and to getting the No. 32 team into the top 25 in points this season, the press release said.

Together, PPI Motorsports and Craven have evaluated the team’s performance-related challenges and agree that it is in their mutual best interest to part at the end of 2004 and explore opportunities for 2005 and beyond.

Both Cal and Ricky want to see the best for each other and remain focused on the second half of this season.