Hulk Hogan's son, Nick Bollea, was seriously injured when his car hit a raised median, flipped around and slammed its rear into a palm tree Sunday evening on Route 60 in Clearwater, Florida. Bollea and an unidentified male passenger were extricated from the totaled car by paramedics, then airlifted to Bayfront Medical Center in St. Petersburg, where their injuries were assessed as serious and critical, respectively.

Alcohol is not believed to have played a role in the crash. Rather, extremely high speed is considered the culprit.

UPDATE: Nick's mother, Linda Hogan, says in a statement to TV's Extra, "Nick suffered minor injuries and has been treated and released from the hospital. At this time his friend, John Graziano, remains hospitalized. Nick is currently at the hospital with John and his family. His sole concern is for the well being of his friend. On behalf of my family, we ask that your thoughts and prayers be with John and his loved ones."