The crash -- in which Bollea, 17, was allegedly involved in street racing against a silver Dodge Viper -- led to the permanent injury of Hogan's friend John Graziano. Graziano filed the suit, but has been left in a semiconscious state by the accident and will require medical care for the rest of his life, the AP reports.
Attorneys for the Graziano family are suing for several million dollars, the AP adds, and have named Hogan's parents, Terry Bollea and Linda Bollea, in the suit since their son is underage.
Bollea is the family's original surname. The Hogan name was adopted when Terry became famous as wrestler Hulk Hogan.
The family gained more fame as the subject of Hogan Knows Best, a reality show aired by VH1. Since the accident, the show has gone on hiatus and Linda Bollea has filed for divorce from her husband.
Graziano, an Iraq War veteran, was not wearing his seatbelt in the accident. Nick Bollea has been charged with reckless driving involving serious bodily injury.