According to CBS 11, Spence Jr was the driver of a Ferrari which flipped multiple times on the Riverfront Boulevard, Dallas.
The crash happened just after 3am after the vehicle travelled at a high speed and went over the central reservation.
Dallas Police Department say Spence Jr was not wearing a seatbelt at the time of the incident.
He was rushed to hospital immediately after the crash and is expected to survive, according to police.
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