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@user75204
The cool badge on the back and the different wheels on this MG caught my eye yesterday....
...and then I saw the front with the different grille and unmistakeable bonnet bulge which explained the burbling noise I was hearing.
Further investigation reveals its a Ken Costello Mk1 MGB with a V8 engine. He did this before MG ever thought about doing this themselves, and only after finally getting to see and drive his version did they decide to do their own one.
Cool story that all started after some spirited jousting on the M1 with what turned out to be Jaguar salesman, who introduced Ken to his boss, and within weeks he was running and racing in their Special Tuning Division, more here: http://www.britishv8.org/articles/ken-costello-mgb-v8-1.htm