Sad news in The Fast And Furious world today—TMZ is reporting that actor Paul Walker died this afternoon in a car racing accident in Santa Clarita, California.

Multiple sources have told TMZ that Walker and another person were driving in a Porsche together when the driver lost control and hit a tree or light post, sending the car into flames and killing both passengers. We're told Walker was at a car show held in support of relief efforts for the Phillippines typhoon, and had been taking friends for rides throughout the afternoon in his new Porsche GT.

Walker's reps have confirmed the actor's untimely death to multiple news outlets, and his team has confirmed the news via his verified Twitter account. New Regency Films, the studio behind the Fast and Furious films, has confirmed his death as well.

The actor was currently in production on the seventh film in the Fast And Furious franchise.

UPDATE: According to a post on Walker's Facebook fan page, Walker was a passenger in a friend's vehicle at the time of the crash. The driver has also passed away.

It is with a truly heavy heart that we must confirm that Paul Walker passed away today in a tragic car accident while attending a charity event for his organization Reach Out Worldwide. He was a passenger in a friend's car, in which both lost their lives. We appreciate your patience as we too are stunned and saddened beyond belief by this news. Thank you for keeping his family and friends in your prayers during this very difficult time. We will do our best to keep you apprised on where to send condolences. - #TeamPW