After Toby, 29, was flung into a hedge having been struck by a car, Emma's Twitter outburst went viral.
Her message read: 'Definitely knocked a cyclist off his bike earlier. I have right of way - he doesn't even pay road tax! #Bloodycyclists'.
It was retweeted several hundred times and led to what a tearful Miss Way described as the public 'judging me on one man's side of the story'. The trainee accountant, 21, who disputes Mr Hockley's version of events- told how the stupid comments were said on 'spur of the moment'.
Miss Way said: 'If I have known it would get this far I would never have sent the tweet to be honest.
'If I could take the tweet back I would but I can't. There is definitely a lesson to be learnt here but everyone knows what social media is like.
'I would never have written it if I thought it would get as far as it has now.'
Miss Way now faces potential charges of failing to stop at the scene of the accident, driving with due care and attention and failing to report an accident to the police.
She has also been suspended by her employers.
Driver's Twitter Boast About 'Hitting Cyclist'
She added: 'I do not have a negative attitude towards cyclists, I cycle myself. The tweet was just a tweet.
'Everyone makes mistakes and it's the biggest mistake of my life.'
Mr Hockley initially planned to keep the incident to himself but then changed his mind and called officers after he spotted a tweet from the driver.
'I think she came across as a very silly girl and made herself look like a bit of a fool.
'I'm not angry, I would just like it known that her stupid comment that I don't pay road tax is not an excuse to treat cyclists like second-class citizens.'
He forwarded the message to police who are now investigating the matter.