The crash involving a Corvette happened around 9 p.m. on North Vermont Avenue near Franklin Avenue.
In addition to the Corvette, several vehicles - possibly parked at the time - were also damaged in the crash.
A 20-year-old man was declared dead at the scene and an 18-year-old woman was transported to the hospital in critical condition.
A 19-year-old man was also treated at the scene but did not have serious injuries.
Police are investigating the cause of the crash.