Emergency crews were called to the TARGA Australia event on the Lyell Highway near Double Barrel Creek just after 10am after reports a 1979 Mazda RX-7 had rolled 35.4 kilometres into the event.
TARGA Australia and Tasmania Police confirmed the racer, 68-year-old Shane Navin, died at the scene.
His co-driver, Glenn Evans was checked at the scene by paramedics but was uninjured.
“This is a very sad time for the Targa community,” TARGA Australia CEO Mark Perry said.
“Shane was a much loved and admired member of our TARGA family. We send our heartfelt condolences to Shane’s family and friends on their loss.”
The road was blocked to southbound motorists and a report will be prepared for the coroner.
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