A man has been charged over the death of popular cyclist Joseph Paratore in an alleged hit-and-run on Tuesday.

Father-of-two Paratore, 40, was critically injured while riding along North Lake Rd in Bibra Lake, a suburb of Perth’s south, about 5.20am.

Nothing could be done to save him and he died at the scene.

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Police have been working to track down the alleged driver, who they said drove away.

A Yangebup man, 40, was arrested and charged with failing to stop after an incident occasioning death, and failing to report an incident occasioning death.

He appeared in Fremantle Magistrates Court on Thursday when the matter was adjourned for legal advice.

The accused was remanded in custody until his next appearance on November 23.

Joseph Paratore was struck by a car and killed in Bibra Lake on Tuesday morning. Credit: 7NEWS

Police earlier revealed a broken side mirror casing found at the crash site had helped them identify that a Toyota Prado was allegedly involved in the deadly incident.

Authorities also released vision of Paratore cycling along North Lake Rd before his death and the vehicle they were looking to track down, hoping the community could help find it.

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“The vehicle of interest has been located and seized by police,” authorities said on Thursday.

Police say this Toyota Prado was involved in the fatal hit-and-run incident in Bibra Lake. Credit: WA Police

Paratore has been remembered as a popular member of Perth’s cycling community, a “larger-than-life character” and someone with “infectious energy”.

“But above all, Joseph was a loving husband and a devoted father to his two young boys,” the PCITP cycling community said.

The investigation remains ongoing and anyone with information should contact Crime Stoppers.