Piper mentioned this Tuesday, but it looks like the official word came down today:
Frankie Muniz has decided to follow in the footsteps of Jason Priestley and… Jason Priestley, by quitting acting to become a full-time race car driver.
The actor signed a two-year deal to race for Jensen Motorsport, meaning that you won’t be getting another Agent Cody Banks movie ’til 2008. At the earliest. Bummer.