Investigators have said little about the cause of the crash, except to note that Bollea was driving at a high rate of speed at the time. They also ruled out alcohol as a possible factor.
Citing the latter statement, Hogan reiterated that his son isn't guilty of anything.
"I'm trying to tell my son to stay strong, because at the end of the day, when all the facts are in, it was an accident," he said.
Noting that Graziano is like a son to him and both families are extremely close, Hogan expressed optimism that all will turn out well.
"[Nick's] going to be okay. John's going to be okay, and if things keep going the way they're going...Nick and I are going to walk John right out of that hospital," he said.
Those sentiments were echoed by Graziano's own mother, Debra, who sent an email to St. Petersburg's Bay News 9 expressing her appreciation for the Hogans and thanking the community for all the outpouring of prayers on behalf of her son.
"My son John has been very close to the Bollea family for over six years," she wrote. "They are like extended family. Since day one of this nightmare, they have been with us physically, emotionally, mentally and financially."
She added that Hulk, his wife, Linda, and Nick have been with the family at the hospital every day praying for John's recovery and offering food and support.
"They came and faced our family and friends not knowing what response they would get," said Graziano.
"Nick is experiencing every step in the process with us. His parents are holding him accountable as any good parent would," she added. "He is a 17-year-old who is suffering watching his friend...you can imagine how he feels."
Graziano explained how her son was like an "older brother to Nick," a "good role model," and that the two had developed a deep friendship "over a love of cars." In fact, John bought his mother her own car using his combat pay before shipping out for Iraq.
She said John would be angry to know this family was being torn apart in the media by "assumptions and downright lies."
While she declined to go into detail about those allegations, Graziano meanwhile has her own family fueds to contend with.
According to published reports, Debra's husband, Edward Graziano, was busted last Thursday after getting physical against members of his family at the hospital.
Following that incident, Debra renewed a domestic violence injunction against her husband that she had taken out after Edward was taken into custody on June 21 and charged with domestic battery, battery on a law enforcement officer and tampering with a witness. He reportedly went back to the hospital on Friday, violating the court order, only to get arrested again at a nearby hotel.
As of Monday, he remained in custody at Pinellas County Jail.
**First off, MORON, NICK IS GUILTY AT THE LEAST OF SPEEDING! Second, by most accounts his friend will NOT be fine, he will if he's lucky just have brain damage! YOU AND YOUR SON ARE LOSERS!
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