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This model is the Dinky 35b-G-4 MG R Type Racing Car in silver.
The model features an MG R Type style cast body. At the front there is a red radiator grille. The left hand side has the exhaust stubs and exhaust pipes cast into the body, on the right is a brake lever. Cast into the top is the windshield, driver's head and, possibly, the fuel cap.
There is no base plate but the underside of the casting is marked with "Dinky Toys" under the bonnet area, "Meccano under the rear body, and "Made In England", in tiny lettering, under the driver.
All wheels are of the solid, black rubber tyre and hub style. The steel axles appear uncrimped on all four ends and seem to have been pressure fitted through the rubber wheels.
This model was issued for only a very short time between 1939 and 1940.