Both suspects are being held on two counts of murder and one count of engaging in a motor vehicle speed contest on a highway causing a concussion. According to Ricardo Santiago, the Public Information Officer from the Los Angeles County District Attorney's office, the prosecutors "do not believe they were driving, rather that they helped promote and organize the event." Bail was set at more than $2 million.

Second Man Charged with Murder in Chatsworth Street Race Crash A 38-year-old man was charged today with murder for his alleged role in the death of two spectators killed when a car crashed during an illegal street race, the Los Angeles County District Attorney's Office announced. Irael Valenzuela (dob 3/29/76) faces two counts of murder and one count of engaging in a motor vehicle speed contest on a highway causing a concussion in case PA083096. Arraignment is scheduled this afternoon in Department S of the Los Angeles County Superior Court, San Fernando Branch. Henry Michael Gevorgyan, 21, was charged on March 3 in the same case with two counts of murder and one count of engaging in a motor vehicle speed contest on a highway causing a concussion. Valenzuela and Gevorgyan allegedly helped promote and organize an illegal street race in Chatsworth on Feb. 26, prosecutors said. During the race, a car spun out of control and crashed into a crowd, killing Eric Siguenza, 26, and Wilson Thomas Wong, 50, and injuring a third man, prosecutors added. Bail for Valenzuela is requested at more than $2 million. If convicted as charged, both defendants face a maximum possible sentence of 33 years to life in state prison. Bail for Gevorgyan was set at more than $2 million and he is due back in Department S on March 11. The case remains under investigation by the Los Angeles Police Department, Valley Traffic Division.