TMZ, and every other celeb-obsessive site on the web, is reporting that Nick Hogan, son of former WWE superstar Hulk Hogan, is in serious condition after crashing his yellow Toyota Supra in Clearwater, Florida.

The crash occurred a little after 7:30 PM tonight, local time, where witnesses say that Nick and his friend were bombing down Court Street when he lost control and slammed into a Jersey barrier. The car spun around, hit a palm tree and was summarily ripped apart.

Both of the occupants were flown in a helicopter to a hospital in St. Petersburg where Nick and his friend are listed in serious and critical condition, respectively.

[Source: TMZ]