Nick Bollea, son of Hulk Hogan, the professional wrestler and now family-man on reality TV, was seriously injured in a car accident Sunday August 26, 2007 in Clearwater, Florida.

The accident happened on Court Street, a main drag in downtown Clearwater, causing the entire street to be shut down for hours.

No 911 call was made to police. The accident was called in by an officer who rolled up right after the crash happened.

Both Nick and the passenger were Medivac’d via helicopter to a hospital in St. Petersburg, Fla.

Alcohol is not believed to have played a part in the crash. The crash seems to have been caused by excessive speed, Shelor said.

As per TMZ.com:

“Law enforcement tells TMZ the accident occurred around 7:31 PM ET. According to police, a Toyota Supra, driven by Nick Bollea (Hogan’s real name), was traveling at a very high rate of speed when it lost control and hit a raised median. The car was flipped around and the back end hit a palm tree. The impact, we’re told, “destroyed the entire car.” The two male occupants were flown by Medivac helicopter from the accident scene to a hospital in St. Petersburg. We’re told both men had “very very serious” injuries.”

At 8:58am this morning (Monday August 27, 2007) TMZ has apparently confirmed that Hogan was discharged from the hospital early this morning, however the passenger of the wreck is still listed in critical condition.

Update 11am: John J. Graziano, 22, who was in the car with Hogan at the time of the crash, remains in critical condition at the Bayfront Medical Center.