Nick Hogan -- On the Road Again

If you live in central Florida, watch out for a speeding yellow Supra -- Nick Hogan has just been allowed back behind the wheel.

Nick was just granted a driving permit for business-related excursions -- meaning he can only drive from home to work and back again ... no exceptions.

Last May, a judge ordered Hogan's license to be revoked for three years because of his 2007 crash that left his buddy, John Graziano, with serious brain damage.