Rare Rides: This Midas Gold From 1998 Is Grey

Corey Lewis
by Corey Lewis

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]

Corey Lewis
Corey Lewis

Interested in lots of cars and their various historical contexts. Started writing articles for TTAC in late 2016, when my first posts were QOTDs. From there I started a few new series like Rare Rides, Buy/Drive/Burn, Abandoned History, and most recently Rare Rides Icons. Operating from a home base in Cincinnati, Ohio, a relative auto journalist dead zone. Many of my articles are prompted by something I'll see on social media that sparks my interest and causes me to research. Finding articles and information from the early days of the internet and beyond that covers the little details lost to time: trim packages, color and wheel choices, interior fabrics. Beyond those, I'm fascinated by automotive industry experiments, both failures and successes. Lately I've taken an interest in AI, and generating "what if" type images for car models long dead. Reincarnating a modern Toyota Paseo, Lincoln Mark IX, or Isuzu Trooper through a text prompt is fun. Fun to post them on Twitter too, and watch people overreact. To that end, the social media I use most is Twitter, @CoreyLewis86. I also contribute pieces for Forbes Wheels and Forbes Home.

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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?

  • Theflyersfan With sedans, especially, I wonder how many of those sales are to rental fleets. With the exception of the Civic and Accord, there are still rows of sedans mixed in with the RAV4s at every airport rental lot. I doubt the breakdown in sales is publicly published, so who knows... GM isn't out of the sedan business - Cadillac exists and I can't believe I'm typing this but they are actually decent - and I think they are making a huge mistake, especially if there's an extended oil price hike (cough...Iran...cough) and people want smaller and hybrids. But if one is only tied to the quarterly shareholder reports and not trends and the big picture, bad decisions like this get made.
  • Wjtinfwb Not proud of what Stellantis is rolling out?
  • Wjtinfwb Absolutely. But not incredibly high-tech, AWD, mega performance sedans with amazing styling and outrageous price tags. GM needs a new Impala and LeSabre. 6 passenger, comfortable, conservative, dead nuts reliable and inexpensive enough for a family guy making 70k a year or less to be able to afford. Ford should bring back the Fusion, modernized, maybe a bit bigger and give us that Hybrid option again. An updated Taurus, harkening back to the Gen 1 and updated version that easily hold 6, offer a huge trunk, elevated handling and ride and modest power that offers great fuel economy. Like the GM have a version that a working mom can afford. The last decade car makers have focused on building cars that American's want, but eliminated what they need. When a Ford Escape of Chevy Blazer can be optioned up to 50k, you've lost the plot.
  • Willie If both nations were actually free market economies I would be totally opposed. The US is closer to being one, but China does a lot to prop up the sectors they want to dominate allowing them to sell WAY below cost, functionally dumping their goods in our market to destroy competition. I have seen this in my area recently with shrimp farmed by Chinese comglomerates being sold super cheap to push local producers (who have to live at US prices and obey US laws) out of business.China also has VERY lax safety and environmental laws which reduce costs greatly. It isn't an equal playing field, they don't play fair.
  • Willie ~300,000 Camrys and ~200,000 Accords say there is still a market. My wife has a Camry and we have no desire for a payment on something that has worse fuel economy.
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