Associated Press - March 11, 2009 5:54 PM ET

NEWPORT BEACH, Calif. (AP) - A man killed in the high-speed crash of a $300,000 Ferrari in Southern California has been identified as the mixed martial arts industry figure who went by the name "Mask."

The martial arts clothing company TapouT confirmed that co-founder Charles "Mask" Lewis died in the car wreck shortly before 1 a.m. Wednesday in Newport Beach. Police say the Ferrari apparently collided with a Porsche and spun out of control

Lewis was a co-founder of the company and was known for signature facepaint stripes on his face. The firm says in a statement that a memorial is being planned.

A woman who was thrown from the Ferrari has been hospitalized in stable condition. Newport Beach police have not determined whether either vehicle was racing, but have arrested the Porsche driver who allegedly left the scene.

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