Rare Rides: This Midas Gold From 1998 Is Grey

Corey Lewis
by Corey Lewis
rare rides this midas gold from 1998 is grey

Every once in a while, a car surfaces from the vast internet that truly deserves the title of “obscure.” It happened previously with a beautiful Gordon Keeble, and now Rare Rides is proud to present another very obscure British two-door.

It’s a Midas Gold, obviously.

Though the Midas entered production as a kit car in 1978, its roots lie further back in history with the Marcos brand (which Rare Rides covered previously). Marcos started building its Mini Marcos kit cars in 1965. The cash-strapped company was still building the same car in 1975, and needed assistance. Enter fiberglass company D&H Fiberglass Techniques. Marcos inked a deal with D&H to rework and manufacture a new version of the Mini Marcos.

By 1978 a revised coupe was ready, entering showrooms as the Midas. Like the Marcos, the Midas utilized a fiberglass body and Mini underpinnings. The first-generation model saw a host of updates for 1981 after slightly famous racing person Gordon Murray made some suggestions to D&H.

The company improved its Midas again in 1985. A visual rework added frogeye lamps, larger windows, and better aerodynamics thanks to additional input from Gordon Murray. The Midas now wore bodywork and parts based on the MG Metro. D&H then expanded the Midas range to include fully-finished vehicles after subjecting the Midas to Euro-standard crash testing. By the end of the Eighties, a convertible Midas joined the coupe in the lineup. Things at D&H were getting hot.

Literally.

The factory in Northamptonshire burned down in March 1989. Production ground to a halt. Midas brand ownership changed hands in 1990, 1991, 2001, and 2003. The brand is presently owned by Alternative Cars Limited, which builds the traditional Gold convertible, as well as new models developed in the Nineties: Excelsior and Cortez. The Gold coupe’s moldings was sold off separately to the government of Berlin, Germany in 1990, and coupes were not produced after that time.

Today’s 1998 Midas Gold was built during the ownership of a Nottinghamshire company called GTM Cars. Their ownership saw additional development of the Gold, with a Hydragas suspension and optional hardtop added to the convertible. Offering a 998cc engine and manual transmission, the Gold also has a heater. This one is for sale right now in England, and asks $5,000.

[Images: seller]

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  • NeilM NeilM on Jun 14, 2019

    "The factory in Northamptonshire burned down in March 1989. Production ground to a halt." Paging Captain Obvious! ;-)

    • Corey Lewis Corey Lewis on Jun 14, 2019

      Sometimes manufacturers produce cars in more than one place, or can come up with a quick alternate location.

  • SPPPP SPPPP on Jun 14, 2019

    "The Gold coupe’s moldings was sold off separately to the government of Berlin, Germany in 1990, and coupes were not produced after that time." This sentence seems rather unclear. What was sold to Berlin? Next question ... why?

  • Wjtinfwb How does the ICE mid-engine C8 platform work for... anything else? A sedan? SUV? With a mid engine configuration? A mid-engine SUV will have to be Suburban sized to offer the utility of a CRV. GM should dust off the Omega platform designed for the Cadillac CT6 for an SUV/Sedan offering with exceptional handling, Rear or AWD capability and acceptable space utilization. They also need to focus on interior fit & finish, trim choices and high quality final engineering and assembly. What GM doesn't need is another half-baked product with a storied and prestigious badge on the decklid and a premium price on the Monroney. No more Cimarron's, Allante's or X-cars needed to tarnish the reputation of Corvette.
  • InCogKneeToe BUILD It and they will come.By Build It, I mean a Vehicle that the Customer Wants and it works for them. It could be called Chevette for all that that matters. The Mach E's success isn't because it totes the Mustang on it.Just build what people want, the next Caravan/Taurus/Beetle/Maverick (truck).
  • YellowDuck Wait...how do you make a mid-engine crossover? Or even a 4-door coupe? Me not get.
  • 28-Cars-Later Thanks Corey. The head stud job on NOrthSTAR-T was $3K *years ago* as it involves an engine pull so rear wheel arch rust in and of itself isn't a show stopper. I'll be sure to check out the trunk as it may start to add up on deferred maintenance. Supposedly this was garaged so the underneath the rockers etc. should be decent but if those are shot its not gonna work.
  • Mark 2016 Hyundai Sonata Hybrid, G4NG engine with connecting rod bearing issues. Engine needs to be replaced, but Hyundai is denying warranty claim. I have all maintenance records from mile zero. It has been in Hyundai Service department 5 time in 4 months. They added the knock sensor and software update to let you know the engine is about to blow up. They kicked the can down the road doing patch work until the car was past the 120k extended extended warranty. I have that documentation too. So how can I join the class action law suit or find a Lawyer that handles these types of issues?
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