The incident occurred just after midnight in the 2700 block of Washington Boulevard near Soto Street.
According to authorities, one of the vehicles involved in the street race, a Chevy Tahoe, was reported stolen right before it burst into flames after colliding with a Corvette.
Both drivers fled the scene.
Anyone with any information about this incident is urged to call the LAPD Traffic Division at (213) 972-2445.
