Midas Gold classic cars for sale

History of the Midas Gold

The Midas Gold’s story is rooted in the creative surge of the 1970s British kit car scene. Developed by D&H Fibreglass Techniques—founded by Harold Dermott and Maurice Holt—the project brought together innovative minds, with Richard Oakes crafting the body and Gordon Murray (of Formula 1 McLaren fame) involved in the Gold’s later incarnations. The production started in Oldham and later moved to Corby as demand and ambition grew. Built atop the mechanical foundation of the MG Metro, the Midas Gold exemplifies British ingenuity in fibreglass construction and monocoque engineering.

Model History of the Midas Gold

The Gold model succeeded the Midas Bronze, offering significant improvements in design and driving dynamics. Where the Bronze had a more utilitarian kit car feel, the Gold introduced the refined monocoque body, eliminating much of the typical kit car compromise. The Gold’s production spanned various marks, with the MK3 standing out thanks to its modernised technical features. As volumes were always small, every Midas Gold enjoys a well-documented provenance and clear individuality, since buyers could customise numerous details at build.

Highlights of the Midas Gold

A body in fibreglass (polyester), true monocoque layout, and only 171 examples produced distinguish the Midas Gold within any gathering of classic cars. Features like MG Metro running gear, engine swap potential, and considered details such as gas-strut hatch support and factory sports seats underscore its specialist appeal. The vast majority were built as right-hand drive for the UK market, but some have found their way to the continent. Rarity is accentuated by the complete documented history that’s often available for each car.

Technical Data

Special Editions and Collectible Models

Within the total of 171 Midas Gold units, the MK3 variant and some cars equipped with factory sports seats (such as the Corbeau GT8) or finished in custom colours stand out for collectors. Individually built examples with rare original accessories or comprehensive documentation can also command collector attention. However, all Golds are rare by default.

Engine and Performance, Transmission and Handling

A combination of lightweight fibreglass construction and MG Metro mechanicals gives the Midas Gold an engaging driving character. Sporting the 1380cc four-cylinder engine at roughly 90 bhp, the low mass delivers sprightly acceleration and cornering capabilities above standard donor cars. Owners have reported robust reliability, especially when routine service components (clutch, filters, cables, batteries) are refreshed with common, easily sourced parts. Front disc brakes are standard, and upgrading to MG Metro Turbo calipers is a frequent (and recommended) modification for spirited use. The transmission is the tried-and-true unit from the MG Metro, providing a direct, mechanical connection that suits the car’s hand-built, enthusiast-oriented ethos. - Midas Gold MK3 (1380cc, 90 bhp, sports seats, upgraded braking)

• Notable for the monocoque layout and bespoke finishes

Interior, Comfort, Exterior and Design

Richard Oakes’ visual hallmark is seen in the flowing, aerodynamic lines of the bodywork, particularly the subtle integration of the hatchback and the tailored fibreglass monocoque. Interiors were frequently fitted with aftermarket sports seats, such as the Corbeau GT8, with tailored choices for upholstery and dashboard configurations by the original builder. Factory black gelcoat, gas-lifted rear hatch, and user-selected paint finishes like Sauge Green are typical. Accessories ranged from period sound systems to unique trim choices and rare Midas badging. Every Midas Gold reflects the personality of its builder, making each car’s design unique in detail.

Summary

A Midas Gold offers singular rarity and a distinctive British kit car driving experience. Lightness, sporting setup, and broad customisation define it. With only 171 produced, each car is individual—a blend of DIY builder creativity and the precision design of Richard Oakes and Gordon Murray.