4age is the only way to go!!! Nothing like a high rrrrr's. Looks like you have more than one MG. Is that a B in front of the midget in your pictures? They are great little cars. My dad has a 62 Sunbeam Alpine with like 15,000 original on it. Everytime I go home and see dads car I always think 4age. Of course I think turbo. There is a guy running a 85 gts at the local track turning 12's with a stock 200k engine and a home made t3 setup. God think of the weight difference between a 85 corolla and a midget. You could have a scarry fast car.
If your looking for a 4age I have one out of a wrecked gts that had 60k on it.