Linda Hogan was exposed in a video recently that showed her street racing with her daughter right after her son was arrested for street racing. Now Linda filed for divorce from Hulk Hogan, and she wants half of everything. Yahoo reports:

Hulk Hogan’s wife said in a divorce petition that she wants a share of the family’s two multimillion-dollar Florida properties plus alimony and child support for their 17-year-old son.

Linda Bollea filed for divorce from Hogan — whose real name is Terry Bollea — last week after 24 years of marriage. The petition says the marriage is "irretrievably broken."

The marital assets that need to be equitably divided include the nearly 17,000-square-foot mansion in Belleair where the family lives and a 3,474-square-foot home on Clearwater Beach.

Pinellas County records place the market value of the Belleair mansion at more than $7.2 million and the Clearwater house at more than $2.2 million. The Bolleas also have a condominium under construction in Las Vegas.

Linda Bollea also seeks an unspecified amount for alimony and child support for their 17-year-old son, Nick, who was arrested this month in connection with a traffic crash that left a passenger with severe brain injuries.

Maybe this is why Hulk had put up one of his homes for sale earlier this year.

The St. Petersburg Times has just posted 911 tapes recorded just moments after Nick Hogan (aka Nick Bollea) crashed his Supra on a Clearwater, Florida road. One caller can clearly be heard saying, "They were racing!" Nick is going to jail unless he can make a plea deal.

Hogan was driving on August 26 when he lost control and hit a palm tree. His friend, 22-year-old John Graziano, was not wearing a seat belt and was seriously injured in the accident. He suffered permanent brain damage and is now in a vegetative state.

Click here to listen.

On Tuesday Linda Hogan (48) (aka Linda Bollea) served husband Hulk Hogan (53) (aka Terry Gene Bollea), and now Linda says she wants to save her marriage. In other words, Linda wants to blame it all on her husband. She filed, but it’s his fault. Why can’t women in Hollywood learn to take responsibility? A source says:

"She keeps saying to him ’Can’t we find a way to make this work? She doesn’t want to see the family break up. She really wants to work it out with him. But it is like pushing up against a brick wall. She is heartbroken about it."

Linda said all this after hearing America thinks she’s a witch for divorcing Hulk after he stood by her once the street racing video of her surfaced.

Earlier reports that Hulk learned of his wife filing divorce papers from a Florida newspaper reporter may not have been accurate. A source says:

"He actually heard it from his lawyer. There was no surprise. It had been coming for a while. They have grown to be two different people. When hardships hit them, it really brings them down. And when they were finally hit with a real problem, son Nick, 17, is facing felony charges of reckless driving from an August car wreck, they just couldn’t make it work."

Linda has proven she thinks only of herself, which means the family might get together for another season of Hogan Knows Best, then split on the season finale.

Clearwater, Fla. Police have arrested Nick Hogan, (aka Nick Bollea) for reckless driving involving serious bodily injury. He turned himself in to Clearwater Police this morning and is currently being booked in to the Pinellas County Jail.

Hogan was involved in a one-car crash in August that severely injured his friend, John Graziano. John has severe brain injuries and will likely require specialized care for the rest of his life.

Cops have concluded Nick Hogan was drinking the night he crashed his Supra, severely injuring his best friend.

Clearwater PD today released details of their investigation into the August 26 crash. In addition to being arrested for reckless driving involving serious bodily injury, cops also cited Hogan for use of a motor vehicle in the commission of a felony, a person under the age of 21 operating a vehicle with a breath-alcohol level of .02 or higher and having an Illegal window tint.

Police also concluded that although Hogan and a second car were racing right before the crash, the driver of the second car was not a direct cause of the accident. That driver has also been ticketed for reckless driving.

Hogan was going 60 mph in a 40 mph zone when he lost control and hit a tree.

Nick’s rep, Adam Handelsman, EVP of 5WPR, issued the following statement to TMZ:

"Nick and the entire Hogan Bollea family are saddened that criminal charges have been filed in regards to the tragic single car accident on August 26, 2007. Nick will meet and answer these charges in the appropriate arena ­ a court of law. The family’s primary focus and concern still remains for the continued recovery of Nick’s longtime friend John Graziano. The Bolleas will also continue to stand by the Graziano family and help them in any way they can. The tragedy to both families is compounded by the fact that unfortunately John was not wearing his seatbelt. Thankfully, Nick was wearing his. Because of what happened to John, the entire Bollea family will make it a priority to increase public awareness about the importance of always wearing your seatbelt. There has been much speculation as to the speed and wet road conditions surrounding this accident. Although all the evidence has not been evaluated, preliminary reports from the experts indicate that this was not, in fact, a high-speed accident. Because Nick is still a juvenile and has no prior criminal record, we are disappointed that he is being charged as an adult offender. However, we are confident that the evidence will demonstrate that this was an accident. We ask all who follow these events to keep an open mind as to the facts until they have been ultimately determined. Finally, we thank all who have prayed for John’s recovery and ask for your continued support and prayers."

In April, Nick was ticketed for speeding 107 mph in Osceola County. And two weeks before the Clearwater crash, Nick was pulled over in Pinellas Park. Officers scolded him for driving 82 in a 45-mph zone.

With all of Nick’s past reckless driving and speeding violations on record, plus his own boasting of being stopped for speeding (over 100 MPH) three times in one night, he might consider a plea deal, because if this goes to trial he is screwed. Nick Hogan’s mugshot does not convey someone who has any remorse for turning his military veteran friend into a vegetable.

Click the link below to see the smashed up Supra from the crash.

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Hulk Hogan’s son Nick Bollea (17), and a friend, John Graziano (22), who was a passenger, were involved in a terrible accident while racing another car on a Florida street on Sunday evening that put them both in the hospital, and left the car totalled. People says:

Bollea, who was featured with the rest of his family on the pro wrestler’s VH1 reality show Hogan Knows Best, was driving his yellow Toyota Supra down a four-lane highway in downtown Clearwater, Fla., when the car’s rear tires hit the raised median, police said. After fishtailing for several seconds, the car slammed into a 25-foot tall palm tree. “His car inexplicably left the road,” Clearwater Police spokesman Wayne Shelor tells PEOPLE, “and it was totally destroyed upon impact.” The cause of the crash is unknown, although police believe the car was traveling at a high rate of speed. “We don’t know exactly what happened,” says Shelor, “but we are investigating.” Bollea, 17, and his male passenger had to be extracted from the vehicle using the “jaws of life.” They were placed on a Medivac helicopter where they were flown seven minutes to nearby Bayfront Medical Center in St. Petersburg.

You’d think after Nick wrecked his dad’s yellow Lamborghini VT in a fiery crash, Hulk would have stopped buying his son ridiculously fast cars. Nick would be safer on the road with one of those two door Honda’s that are built for great gas mileage, and require drivers to pedal to get the car up hills.

Hulk Hogan (aka Terry Bollea) was reportedly on the scene of the accident right after the crash. Reports said firefighters used the jaws-of-life to free Nick and his friend from the car. That was probably after Hulk Hogan carried the car to a spot where the boys could be freed from the car, and fire fighters requested he let them do their job after Hogan offered to tear the doors off. Today Nick’s friend is still in serious condition, but Nick is okay. Whew, that’s a relief! I hope his friend is okay too. The Hulk said today:

"My son Nick and a friend were involved in a car accident last night. Nick suffered minor injuries and has been treated and released from the hospital. At this time, his friend, John Graziano remains hospitalized. Nick is currently at the hospital with John and his family. His sole concern is for the well being of his friend. On behalf of my family, we ask that your thoughts and prayers be with John and his loved ones."

Nick is due in court on September 10 for a speeding charge earlier this month. Nick was stopped at 10:30 AM on a stretch of U.S. Highway 19 on August 10 by Pinellas Park police after his 1998 Toyota was recorded going 82 mph in a 45 mph zone. He was also cited for failing to wear a seatbelt. It’s clear that Nick is just as safe on the road as a drunk Lindsay Lohan.