Raleigh police said one driver died.
The three-car crash took place just inside Interstate 440 before the Bojangles on Atlantic Avenue.
Police said it happened just after 4:20 a.m. The investigation showed that a 2019 Mercedes Benz E 300 was racing a 2020 Chevrolet Camaro on Atlantic Avenue approaching Six Forks Road.
The Mercedes driver lost control and veered into the oncoming traffic and struck a 2009 Chevrolet Traverse head-on. The Camaro also veered into the oncoming lanes, left the roadway, and collided with a tree. The driver of the Camaro fled the scene.
SEE ALSO: Police pursuit policies under scrutiny after deadly Harnett County crash involving deputy
The driver of the Mercedes, William Ortiz, 33, died as a result of injuries sustained in the crash.
The woman driving the Traverse and her passenger, a child, were both seriously injured and taken to a hospital.
The crash remains under investigation.
Anyone with information on this incident is asked to visit CrimeStoppers for anonymous reporting options or call (919) 996-1193.
SEE ALSO: Target's curbside service will now let customers make returns, pick up Starbucks