Wells, PPI about to close shop, Tide leaves NASCAR
Quote selected text Published November 24th, 2006 in NASCAR News
Sunday’s “Ford 400” at Homestead-Miami Speedway was likely the final ride for Cal Wells and his PPI Racing Team.
Longtime sponsor Tide announced a few weeks ago that it will leave the team (and the sport) at the end of the season, and Wells has been unsuccessful in securing a new backer for his struggling Nextel Cup team.
Sources close to the situation say Wells informed his employees that he will close the doors later this week, after a hoped-for sponsorship deal fell through.
- PPI to lose Tide at end of the year
- PPI Motorsports to be auctioned off
- Ron Fellows to Run Watkins Glen in Tide Car
- Cal Wells eyes return to NASCAR
- Cal Wells’ PPI team continues to downsize, sponsor commitment falls through
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