Jeremiah Ramirez, 18, of Levelland was arrested on two charges of aggravated assault with a deadly weapon. Bonds totaled $40,000.
Ramirez was released from custody Monday.
The injured man, Chad Wesley Smith, confronted two drivers and told them they couldn’t drag race.
At that time, one man in a car accelerated, swerved and hit the man and woman. He then fled the scene, police said.