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At 10:14 a.m. police responded to a hit and run crash between a stolen Mercedes and a Malibu at 9th Avenue South and 40th Street South.
The driver of the stolen car fled the scene and is still at large.
The Malibu driver, a woman, was seriously injured and her passenger, a 27 year old woman, died at the hospital. The driver is in serious but stable condition.
The 9th Avenue and 40th Street South intersection will remain closed for several hours for the investigation.
Anyone with information please call St. Petersburg Police at 893-7780.