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This model is the Dinky 23a-H-14 Racing Car in Red with silver diamond top trim. This is a restored item.
The model features an MG Magnette style cast body. The left hand side has the 6 exhaust stubs and exhaust pipe cast into the body, to the rear is cast the drive chains or rear suspension. The top of the model has a diamond shaped white trim running from the front to the pointed rear. Cast into the top is the windshield, driver's head and Aerodynamic fin.
There is no baseplate but the underside of the casting is marked with "Meccano, Dinky Toys" on two lines at the front (just behind the front axle), and "Made In England" on three lines at the middle (just below the windshield area). This casting has two transverse strengthening struts, one just forward of the windshield area, the other in the pointed tail section.
All wheels consist of cast silver hubs with black rubber tyres. The steel axles are crimped on all four ends.
This model was originally issued between 1952 and 1953. I do not know when this item was restored.