22-year-old Daniel Jacobs was driving a silver Dodge Viper owned by Nick's father Hulk Hogan on August 26 in Clearwater, Fla.
Hogan, whose real name is Nick Bollea, was driving his yellow Toyota Supra when he lost control on slick roads and hit a palm tree. Passenger John Graziano, a good friend of Hogan's, was seriously injured in the crash and is still in a coma, suffering from permanent brain damage.
Jacobs admitted he was driving the Viper, but did not cop to racing. A judge sentenced Jacobs to 90 days probation and ordered him to serve 25 hours of community service. He also lost his license for 90 days and must pay a $500 fine.
Hogan is scheduled to be in court on April 14.