Paul Walker has died in a car accident.

According to TMZ, Walker was the passenger in a Porsche Carrera GT when the driver reportedly lost control and crashed into a tree. The vehicle then burst into flames.

Paul Walker was attending a charity event in Santa Clarita, according to multiple sources.

The LA County Sheriff’s Department has released an official statement:

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.

Paul Walker’s management team has also released an official statement:

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

Photo Credit: Collider