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A 55-year-old man is dead after Edmonton police say two cars were racing on Yellowhead Trail east of 124 Street when one of the drivers lost control and crashed into a semi-truck on Friday evening.

The collision was first reported to police at 7:50 p.m. Friday. Police said in a Saturday morning news release that a man driving a 1964 Chevelle Malibu was driving eastbound on Yellowhead Trail from 124 Street and was racing a silver sports car.

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The man driving the Malibu lost control of the vehicle when the two vehicles approached the CN Rail overpass just west of 121 Street. Police said the Malibu spun out and crossed the centre median into the westbound lanes of Yellowhead Trail.

The Malibu then collided with a semi-truck pulling two trailers, striking the passenger side of the Malibu and causing the driver — who was not wearing a seat belt at the time — to be ejected from the vehicle and land under the trailer’s tires and undercarriage, police said.

The man sustained life-threatening injuries and was declared dead on scene by paramedics.

The 48-year-old male semi-truck driver was unharmed.

Investigators determined speed was a factor in the collision. Police are looking to identify the driver of the silver sports car, who fled the scene.