Five cyclists have been rushed to hospital — some with serious injuries — after a suspected stolen car collided with the group along a busy Townsville road this morning.

A 28-year-old man has been charged over an alleged hit-and-run that left five cyclists injured in Townsville.

Queensland police allege the man knocked over three women and two men near Bamford Lane in Mount Louisa just before 6am on Wednesday, then fled the scene.

All of the cyclists were hospitalised following the incident, with two in a serious condition and three stable. Shocking images showed their crumpled bicycles left on the roadside.

The local man has now been charged with four counts of dangerous operation of a motor vehicle causing grievous bodily harm, one count of dangerous operation of a motor vehicle and adversely affected by an intoxicating substance, and one count of driver fail to remain at the scene and render assistance.

He is due to appear in the Townsville Magistrates Court on Thursday.

Earlier on Wednesday, police were investigating a blood-splattered Toyota Rav 4 that was reportedly dumped outside an auto wreckers not far from the scene of the crash.

The car had extensive visible damage including a smashed windscreen, crumpled bonnet, broken headlight and broken side mirror.

It was found on Bayswater Road, about 3.5km from where a car mowed down the cyclists, according to The Townsville Bulletin.

#Update - Five patients were transported to Townsville Hospital following a collision between a vehicle and a group of cyclists in #MountLouisa. Two patients in a serious condition and three patients stable. — Queensland Ambulance (@QldAmbulance) February 18, 2020

The victims include a female in her 50s who suffered a leg injury and is in a serious condition; a female in her 40s with leg and pelvic injuries in a serious condition; a male in his 50s with a back injury in a stable condition; a male in his 30s, also with a back injury in a stable condition and; a female in her 50s with minor injuries, a spokesman for Queensland Ambulance Service told news.com.au.