A female driver has smashed into a concrete barrier on a Melbourne freeway after being the victim of a terrifying road rage incident.

UPDATE: Victim didn't know if she'd live after smashing into concrete barrier

Watch the video above

Footage taken after 9am on Monday shows two drivers filming themselves on Snapchat pulling up next to the young woman on the Peninsula Link.

One can be heard repeatedly yelling: "I will fight you".

RELATED: Road rage is driven by anger and anonymity and the problem is getting worse

Her car then veers into a concrete barrier on the freeway, smashing the front end of the bonnet.

The men in the other vehicle can be heard laughing.