Police say the man who was found dead with a gunshot wound at Salt Ash on Sunday has been formally identified as 45-year-old David King from Tanilba Bay.

At 1:46 police were called to what was believed to be a motor vehicle collision on Hideaway Drive where they found Mr King dead having suffered a gunshot wound next to the vehicle.

Early investigations indicate a male with a firearm was seen leaving the vehicle before being picked up by a white Santa Fe car with other people inside.

A short time later, the white Santa Fe was found burnt out on Masonite Road at Heatherbrae. 

Superintendent Chad Gillies says strike force Breve has been established to investigate the incident.

Anyone with information about the incident is being urged to contact Raymond Terrace Police Station or Crime Stoppers. 

Superintendent Chad Gillies speaking with media on Monday morning.