Victorian trainer Frank Conlan has died after falling from a horse on a road in country Victoria.

The circumstances of Conlan's death on Thursday are the subject of a WorkSafe investigation with Victoria Police preparing a report for the coroner.

Conlan had a small team of horses on his farm at Woodend, near Kyneton, and was riding a horse alongside Cobb and Co Road, Carsruhe, when the accident happened.

The elder brother of Group One-winning trainer Jim Conlan, Frank Conlan had held a trainers' licence since 2002 while his son Tom is a Racing Victoria barrier attendant.

RV chief executive Giles Thompson said Conlan was a valued member of the Victorian racing industry.

"On behalf of the Victorian racing industry, I would like to extend our prayers and heartfelt condolences to Frank's family and friends following the terrible news of his passing," Thompson said in a statement.

"Frank was a much-liked member of the Kyneton racing community where he trained his horses and worked for the club on race day.

"He was passionate about thoroughbred racing and a valued member of the Victorian racing industry who will be missed by many."

Among his more successful horses were multiple race winners Melba's Maestro, Verreaux and Brown Energy.

Conlan is survived by his wife Louise, son Tom and daughters Sophie, Genevieve and Monique.