(Post updated with photograph of Oscar McIntyre. Our condolences to his friends and family.)

According to an article on canberratimes.com.au, 17-year-old Australian racer Oscar McIntyre died as the result of a crash Saturday, February 25th, during a race in the WSBK Superstock 600cc Championship — a support race at the Phillip Island round of the World Superbike Championship. Phillip Island serves as the opening round of the 2012 World Superbike Championship this weekend.

Two other riders, Luke Burgess and Michael Lockhart, were involved in the crash. Burgess was treated and later released, while Lockhart remains under observation for non-life-threatening injuries. The Canberra Times article states that WSBK officials called off the day’s remaining sessions.

At the time of this writing the news section of WorldSBK.com has no specific article on the death of McIntyre, but does mention the incident in a briefing about racer Tom Sykes’ pole position for Sunday’s Superbike race.

Read more at www.canberratimes.au.com

[Image from Tom Reynolds via Twitter]