What needs to happen to Nick Hogan now?

Ok, now that we know Nick is ok, its time to be real. This 17 year old hotshot was going much too fast and driving recklessly and almost manged to kill himself and may still have very well killed his friend. Not to mention, he was lucky he did not kill someone else. A couple things, one, based on the show his parents should have known Nick was reckless and careless if I could see it on the show. Two, I hope the state of florida really throws the book at this kid for speeding and reckless driving. This kid needs to lose his license and in all honesty do some time in a juvenile facility. People talk about Vick killing dogs, to me, this is worse, because REAL people with FAMILIES could have been killed. Here in Atlanta, we had a similar situation with Danny Heatley a hockey player driving too fast and ultimately wrecking and killing his teammate in a one car accident. Heatley walked with no jail time. I hope the same will not be true of Nick Hogan. I hope he does time and pays a penalty for his recklessness, disregard for life, and carelessness.