Paul Walker Dead at 40

Actor Paul Walker, best known for his role in The Fast and the Furious movies, died Saturday afternoon (November 30) after a single-car accident and explosion in Southern California, according to TMZ.

The accident happened in Santa Clarita -- north of Los Angeles -- and according to multiple sources connected to Paul ... the actor was in a Porsche when the driver somehow lost control and slammed into a post or a tree ... and then the car burst into flames.

Several of our sources -- some who are still at the scene of the accident -- tell us Paul and another person in the car were killed. Law enforcement is still on the scene, and we're told the L.A. County Coroner's Office is on the way.

Walker played Brandon Collins on THE YOUNG AND THE RESTLESS from 1992-1993. Watch a clip of his work on the soap here.