Equine identity Ken Smith, 64, was killed when the truck he was travelling in crashed into a culvert on Mogriguy Road, north of Dubbo.

A 16-year-old passenger was also airlifted to a Sydney hospital as a result of the accident

The vehicle was laden with 17 horses, with the three people inside travelling north to an equine event in Tamworth.

Police have stated the horses were worth $50,000 to $200,000 each, with nine euthanised at the scene and the remaining eight treated by a veterinarian

Mr Smith was well-known in harness racing circles, and his passing has been felt within the equine industry.

His 32-year-old son Trent Jonathon Smith has been charged in relation to the accident, and will face five charges when he appears before Dubbo Local Court on June 13.

Shocked members of the cutting industry have set up a couple of different fundraising ideas to help the family in a time of great devastation.

With the blessing of the family, a GoFundMe page has been established by friends Kerrie Miller, Jordan Miller and Tessa Buntin, and in just two days has raised more than $14,000.

“As you can imagine the massive loss to their family has left them devastated. Kenny left a legacy as an exceptional and respected horseman and a devoted family man loved by all,” the page says.

“We can't take their pain away, however we can show our support to ease some of the huge financial burden as a result of this tragedy. 

“Also, thanks to all of the friends who have reached out to express their love and concern for the entire Smith family during this tragic time.”

Meanwhile, a charity campdraft clinic has been arranged by renowned Queensland cutter Mark Buttsworth to help the family.

The event will be held in Tamworth on June 7 and 8, with a cost of $250 per day for riders and $100 for fence sitters, and is sure to be well-attended by those within the industry.

More information on the campdrafting event can be obtained by contacting 0488 707 303.