A fiery crash on an Iowa stock car racetrack could have ended in tragedy for driver Danny Watson if it wasn't for the brave actions of a competitor and friend.

A hole in the racetrack broke the axle on Watson's car, causing it to lose control and crash, according to KCCI 8 News. Once the car settled it immediately burst into flames, quickly engulfing both car and driver.

Fellow driver Richard Yaw saw the flames and acted fast.

Watson was knocked unconscious and was quickly running out of time as the fire raged through his disabled vehicle. Yaw, who was right behind Wilson when the crash occurred pulled his own stock car over and ran to his friends aid. With his helmet still on Yaw jumped from his car and into the smoke and flames.

"I owe him my life," Watson told the news station.