Ferrell was riding on the I-5 freeway at 11pm in a chauffer-driven SUV with three passengers.
CBS News released an updated report on Friday morning, noting that the actor had been released from the hospital and had not suffered any serious injuries. The driver of a Toyota veered into the HOV lane and collided "into the rear end of the Lincoln Navigator", said Officer Rafael Reynoso of the California Highway Patrol.
Ferrell had been traveling back from San Diego, where he appeared at a amusing or Die event as Ron Burgundy, his character from "Anchorman". A Toyota sideswiped Ferrell's SUV, causing it to spin and flip over.
A representative for the Anchorman star has told website Just Jared that Will is fine, but "staying close" to his friends, who are still being treated in hospital. Fortunately, Ferrell did not suffer any significant injuries.
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One different clip, posted by LA-OC.tv, reveals him talking on a mobile phone as he sits on a stretcher, with firefighters loading him into an ambulance.
The Daily Mail reports the woman was not wearing a seatbelt.