The collision occurred in Santa Clarita, Calif. -- just north of Los Angeles -- when the driver of the Porsche that Walker was in lost control of the car, slamming into a tree. Neither Paul or the driver survived.
The sad news has been confirmed on both Walker's Facebook and Twitter. The posts are both below:
"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"