
Fast And Furious star Paul Walker died earlier this evening after a car accident in Santa Clarita, California. Multiple reports indicate Walker, 40, was a passenger in a Porsche Carrera GT that collided with a pole and caused a fire. Walker and the driver were both pronounced dead at the scene.
Here's the statement from Walker's management team that appeared on his Facebook page:

It seems the speculation on the crash first started on TFW2005 forums:
So I work in Santa Clarita at an automotive performance shop and a good customer just came from Paul's shop, AE (Always Evolving) where they were having a car show. It seems Paul went for a ride in a guys Porsche and they ended up around a phone pole, the car burst onto flames and rumour has it Paul is dead. I hope he got it wrong but he insists it was Paul. I'm reluctant to post this being just hearsay, but the guy who informed us is a wealthy car enthusiast that just pulled up in his Maserati and nothing to gain from a lie, and has video on his phone of the burning car. If it does turn out to be true, damn... RIP Paul.
According to TMZ, Walker was going for rides in a "Porsche GT" when the incident occurred. The fiery accident reportedly happened during one of those test spins.
This is the image of the scene that appeared on TMZ:

According to the Santa Clarita Valley Signal:
The crash completely destroyed the red Porsche Carrera GT that was involved. The Carrera GT appears to be from Always Evolving, a performance shop that Mr. Walker is believed to be financially involved with. This is the car earlier today on their Facebook page:Spectators gathered at the scene, and several said the driver was the star of "The Fast and the Furious" series of films. One witness at the scene said he tried to put the fire out and recognized Walker inside the vehicle.

The LA County Sheriff's department has confirmed to Jalopnik that two people were DoA in a collision earlier today, but haven't released names.
This is the LA County Sheriff Department's official release:
More as we have it.Two Fatalities in Traffic Collision, 28300 blk Rye Canyon Loop, Valencia, SCV Station
Patrol deputies from Santa Clarita Valley Sheriff's Station responded to a report of a traffic collision at approximately 3:30PM in the 28300 block of Rye Canyon Loop, Valencia, on Saturday, November 30, 2013.
When they arrived, deputies found the vehicle engulfed in flames. The Los Angeles County Fire Department responded, extinguished the fire and subsequently located two victims inside the vehicle. The victims were pronounced dead at the scene.
The cause of the collision is under investigation. The Coroner's Office will determine the identities and the cause of death of the victims.
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