Rick Hendrick, owner of the Hendrick Motorsports team, has escaped serious injury after the jet he was traveling in ran off the runway while landing at Key West International Airport.

Hendrick was one of four people on board alongside wife Linda and two pilots when the incident happened on Monday evening.

According to a statement from the Monroe County Sheriff's office, the plane went off the runway when it landed at 7:45pm, with the pilots reporting a loss of brakes on landing.

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The four people onboard were taken to hospital, two with minor injuries and two for precautionary checks.

The runway was closed for a short time before being reopened.

A further statement from Hendrick Motorsports confirmed there were no serious injuries.

The incident came just over seven years after ten people were killed when a Hendrick Motorsports plane crashed on landing at Martinsville.