1973 MG B GT V8

36 Bids Winner - Willo
1:30 PM, 11 Jun 2024Vehicle sold
Sold for

£20,325

(inc. Buyer’s Premium)
Winner - Willo
consigner image

Fraser's review

Fraser Jackson - Consignment Specialist Message Fraser

“ Fabulous restored example in original colours. ”

MG enthusiasts have by now probably built more MGB V8s than MG ever did, and some of them are excellent cars. But this is a genuine factory made MGB GT V8 – the company never built any V8 roadsters.

Background

Introduced in 1962 and still in production almost 20 years later, the MGB is probably the definitive classic British sports car. It started life as a lightweight, rear-wheel-drive, back-to-basics sports car, and ended its life in much the same way.

Yes, it gained a little weight over the years but then don’t we all? And yes, the latter impact bumpers might lack the elegance of the chrome originals, but at its core the MGB remained true to the original concept of providing maximum fun for minimum investment. 

Ken Costello was an accomplished engineer and racing driver, and in the late 1960s he spotted a compact looking V8 engine on the bench of a friend’s workshop. Despite its generous 3.5-litre capacity Ken was impressed to find he could almost lift the alloy V8 singlehandedly. 

By 1971 Ken had fitted the Buick-derived Rover V8 unit into the nose of an MGB Roadster. The engine bay of the MGB was originally configured to house a V4 unit that never made production, leaving potential for a bigger unit to be fitted. Importantly, Ken had also learnt that the V8 was essentially no heavier than the MGB’s standard B-series unit. This meant that, unlike the 3-litre MGC, the balance of the car wasn’t seriously compromised by the fitting of the V8.

Costello’s conversion was well received and something in the region of 225 units were thought to ultimately have left his workshops. As is often the case in these situations, the British Leyland mothership was watching and by August 1973 an official Abingdon-produced MGB GT V8 hit the streets. 

British Leyland had opted to use a mildly tuned version of the 3.5 V8 with a lower compression ratio and breathing through twin SU HIF6 carburettors. In this trim power was originally quoted at around 135bhp. The key metric, however, was the impressive 193 Ib-ft of torque at a sensible 2,900rpm. 

This transformed the car’s driving dynamics, especially compared to the somewhat asthmatic B-series powered cars. Contemporary road tests recorded a 127mph top speed and a 0-60mph time of 7.7 seconds. The standing quarter mile was achieved in less than 16 seconds. For the first time in the car’s history, the MGB GT could now compete on equal terms with contemporaries like the Porsche 911T and Datsun’s 240Z.

With British Leyland being a little late to the V8 MG party, the repercussions of the OPEC oil embargo were starting to be felt by the time of the car’s launch. Between 1973 and 1974 the price of oil had increased by almost 300%. This helped to tarnish the appeal of big V8 engine cars and the MGB GT V8 ceased production in 1976. During this period a total of just 1,856 chrome-bumpered cars were produced.

Key Facts


  • Well Maintained
  • Factory Colour Scheme
  • Heritage Certificate

  • GD2D1522G
  • 54705 miles
  • 3528 cc
  • manual
  • Teal Blue
  • Autumn Leaf
  • Right-hand drive
  • Petrol

Vehicle location
Bonhams|Cars Online HQ, United Kingdom

Background

Introduced in 1962 and still in production almost 20 years later, the MGB is probably the definitive classic British sports car. It started life as a lightweight, rear-wheel-drive, back-to-basics sports car, and ended its life in much the same way.

Yes, it gained a little weight over the years but then don’t we all? And yes, the latter impact bumpers might lack the elegance of the chrome originals, but at its core the MGB remained true to the original concept of providing maximum fun for minimum investment. 

Ken Costello was an accomplished engineer and racing driver, and in the late 1960s he spotted a compact looking V8 engine on the bench of a friend’s workshop. Despite its generous 3.5-litre capacity Ken was impressed to find he could almost lift the alloy V8 singlehandedly. 

By 1971 Ken had fitted the Buick-derived Rover V8 unit into the nose of an MGB Roadster. The engine bay of the MGB was originally configured to house a V4 unit that never made production, leaving potential for a bigger unit to be fitted. Importantly, Ken had also learnt that the V8 was essentially no heavier than the MGB’s standard B-series unit. This meant that, unlike the 3-litre MGC, the balance of the car wasn’t seriously compromised by the fitting of the V8.

Costello’s conversion was well received and something in the region of 225 units were thought to ultimately have left his workshops. As is often the case in these situations, the British Leyland mothership was watching and by August 1973 an official Abingdon-produced MGB GT V8 hit the streets. 

British Leyland had opted to use a mildly tuned version of the 3.5 V8 with a lower compression ratio and breathing through twin SU HIF6 carburettors. In this trim power was originally quoted at around 135bhp. The key metric, however, was the impressive 193 Ib-ft of torque at a sensible 2,900rpm. 

This transformed the car’s driving dynamics, especially compared to the somewhat asthmatic B-series powered cars. Contemporary road tests recorded a 127mph top speed and a 0-60mph time of 7.7 seconds. The standing quarter mile was achieved in less than 16 seconds. For the first time in the car’s history, the MGB GT could now compete on equal terms with contemporaries like the Porsche 911T and Datsun’s 240Z.

With British Leyland being a little late to the V8 MG party, the repercussions of the OPEC oil embargo were starting to be felt by the time of the car’s launch. Between 1973 and 1974 the price of oil had increased by almost 300%. This helped to tarnish the appeal of big V8 engine cars and the MGB GT V8 ceased production in 1976. During this period a total of just 1,856 chrome-bumpered cars were produced.

Video

Overview

MG enthusiasts have by now probably built more MGB V8s than MG ever did, and some of them are excellent cars. But this is a genuine factory made MGB GT V8 – the company never built any V8 roadsters.

As such, it’s a pretty rare machine, and comes in the arresting colour combination of Teal Blue paintwork with an Autumn Leaf interior. It’s clearly been restored to a high standard by a good friend, and well known MG enthusiast, of the current owner.

It has a manual four-speed gearbox, but the electrical overdrive operates on third and fourth gears, effectively giving six forward ratios.

Exterior

The Teal Blue paintwork on this V8 is in lovely condition and shines with a deep lustre. The front of the car appears to be free of any stone chip damage, even on the front valance, which is an aftermarket part with a built in air damn to reduce front end lift at speed.

Although excellent, the paintwork isn’t absolutely perfect – there is a slight paint defect on the seam between the driver’s side front wing and scuttle panel for instance – but the overall impression is of a very well presented MGB GT V8.

Like many B GTs, this car comes with a full length Webasto full length sunroof – a nice addition that’s a great alternative to a full soft top MGB. It has the odd mark here and there but is in generally very good condition.

The V8’s wheels are unique to this rare model, with an alloy centre section and steel rim. They’re in good condition and clad with a matching set of fresh Kumho tyres.

Interior

There isn’t a great deal inside the cabin of a V8 powered MGB GT to distinguish from its lesser brethren, but enthusiasts among you might spot that the speedo and rev counter are of a smaller diameter than those fitted in the majority of four cylinder cars.

The dashboard in this car, with its wrinkle finish, is in good condition. You might be disappointed not to spot an overdrive switch on either the dash or atop the gearknob, but don’t worry – the electrically activated extra gear is engaged by the left-hand column stalk.

Lots of MGBs get adorned with everything from walnut dash kits to leather seat covers, but this one is thankfully as it left the factory, and has cloth seat inserts.

There are slight marks on the bases of both seats, but we think a good clean would probably remove these. There looks to be what’s very possibly a battery cut off switch behind the passenger seat in the rear compartment.

The headlining is slightly grubby looking around sunroof aperture, but otherwise in nice shape, and that period looking radio on the dash is actually a DAB unit.

Mechanical

Under the bonnet the big alloy V8 fills the engine bay in a far more satisfying way than the B-Series four cylinder unit ever could. The engine bay has a more lived in feel than either the exterior or interior of the car, but it does look very original, complete with the standard spec air cleaner assemblies, which often get replaced with pancake type filters.

The car’s underside looks very sound, with a good measure of underseal and no areas of rust that we could spot.

History

The MG comes with some invoices for recent and historic parts and work, including one confirming that the tyres are new. There is also a stack of historic MoT certificates, handbooks and a British Motor Industry Heritage Trust certificate confirming that the car was built between August 8th and 10th 1973.

The current owner is now selling this MGB GT V8 after seven years of ownership, because he wants a classic that his wife is happy to drive. He says:

‘I have always wanted a BGT ever since I was a child and when my friend Geoff said he was thinking of moving the car to its next custodian I jumped at the chance. Geoff is the owner of a number of MGs, a number of which are also being sold by Bonhams. 

‘Geoff is the genius who hand built them "11th" MG R type, and has restored numerous MGs including a J type which is often the star car at MG events. Geoff is an automotive perfectionist – his cars are all in first class condition and the envy of fellow members of the local MG Owners Club. 

‘I knew I would be buying a well loved and meticulously maintained car. It does pain me to sell the car but it's a car only I drive and I feel it’s time to buy another classic that my wife will be comfortable driving. 

‘The car has had seven previous owners. It’s interesting to note that the original heritage certificate shows the car to be white with a blue interior, but after consulting with Gaydon it’s confirmed on the new certificate that the original factory records were incorrect and the car is indeed Teal Blue with Autumn Leaf interior. 

‘I have maintained the car the best I can to maintain its originality.  I have been told that the engine, gearbox and driveshaft are all original with the same numbers as they left the factory.

‘I have kept the car in good order it has always been covered and garaged. Geoff informed me that the person he purchased the car from had done quite a bit of light restoration to the vehicle. I understand the wheels have never been refurbished, but as you can see they are in generally good order.

‘The only non-standard item is the front spoiler – this was fitted just before I purchased the vehicle and dramatically improves the handling over the original. 

‘I was devastated to hear that after you had conducted a HPI on the car it has a Cat C against it. I have spoken with Geoff, and he had previously been all over the vehicle and could not find any evidence of restored damage. 

‘During my ownership I have had the car looked after by a number of experienced classic car mechanics, and none found anything out of place with the car. So any thorough inspection of the car is more than welcomed.’

Summary

A rare factory-built MGB GT V8 in great condition, bristling with originality. There are many replicas out there, but genuine cars such as this one don’t come up for sale often.

We are happy to offer this vehicle for auction with an estimate in the range of £15,000 - £19,000.

Viewing is always encouraged, and this particular car is located with us at Bonhams|Cars Online HQ near Abingdon; we are open weekdays 9am-5pm, to arrange an appointment please use the Contact Seller button at the top of the listing. Feel free to ask any questions or make observations in the comments section below, or try our ‘Frequently Asked Questions’.

About this auction

Seller

Private: Dr J


Viewings Welcome

Viewing is strongly encouraged, and is strictly by appointment. To book one in the diary, please get in contact.

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