Hulk Hogan’s son, Nick Bollea, is said to be serious but stable condition after his speeding car hit a palm tree in Clearwater, FL last night. Nick’s friend and passenger however is still said to be on critical condition. CNN reports that Nick’s injuries are not life threatening.

Radio personality and friend of Hulk Hogan’s, Bubba the Love Sponge, said on his blog that Nick is all right and has already left the hospital. He said, “I can tell you this, nick left the hospital with me when we were leaving and is headed home to rest, he is ok.”

Um…. I don’t think so. Who gets airlifted to a hospital the night before and is out in the morning?

CNN also said that no charges have yet been filed. Are they going to be filed?

TMZ reports that Nick was discharged from the hospital this morning, but that his friend is still in critical condition.

Man, that looks like the Transformers Bumblebee car. It’s illegal to drag race, but he’s a minor… stupid kids! They think nothing bad will ever happen to them….