PPI, short for Precision Preparation, Inc.[1], was a company founded by team owner Cal Wells in 1979 in Westminster, California.

[2] At the time, Toyota Motor Sales U.S.A. needed to promote their tough, reliable technology driven line of trucks through participation in Off-Road Championships, the Score Desert Series, including the Baja 500 and Baja 1000, and the Mickey Thompson Off-Road Championship Grand Prix (MTEG Stadium Series).

[citation needed] In 1996, they began the CART season with Jeff Krosnoff driving, but he died in a tragic accident during the Toronto street race.

[9] Following the 2000 season, however, PPI shut down its open-wheel and off-road programs,[citation needed] ended its relationship with Toyota,[8] and shifted its focus exclusively on NASCAR.

[citation needed] PPI also competed in Toyota Atlantic from 1998 to 2000, winning races with Anthony Lazzaro, Andrew Bordin, and Dan Wheldon.

PPI Motorsports started its first Cup team during the 2000 season with open-wheel and Trans Am standout Scott Pruett behind the wheel of the No.32 Tide-sponsored Ford.

[10] With the team focusing exclusively on NASCAR in 2001, PPI fielded a two-car Winston Cup effort, with Ricky Craven taking over in the 32.

Craven ran strong in 2002 and, although he failed to win a race for the team, he managed to improve his point championship standing and finishing 15th overall.

PPI showed clear signs of struggling in 2004 as Craven was unable to give the team a single Top 10 finish through the first 24 races.

Unable to find a new sponsor, Wells shut down the team before the 2007 season and sold his owner points to Michael Waltrip Racing.

Truck Series driver Andy Houston was to drive the #96 Ford for five races toward the end of the 2000 season, with the intent being for the team to run the full 2001 schedule.

Houston finished no better than 26th in his five starts, but the team still entered the 2001 season having picked up sponsorship from McDonald's, which had been sponsoring Bill Elliott for the previous several years in his owner-driver venture.