In 2003 the National Railway Museum decided to dispose of 50033 due to an inability to commit to maintenance and storage costs. This was subject to a suitable owner being found for what was now a museum asset. After spending a period on loan to the North Yorkshire Moors Railway in 2004 the locomotive was moved to the Swindon Steam Railway Museum. However, soon after it was sent on to the Tyseley Locomotive Works as part of a proposed move to the RailSchool project and Royal Docks Heritage Railway in North Woolwich, London. When the Crossrail project was authorised, this scheme fell by the wayside, stranding 50033 at the Birmingham Railway Museum (Tyseley). After a period the ownership of the loco was transferred between the museums in lieu of storage payments. Unfortunately due to lack of covered accommodation the loco was stored in the open. This situation ended in February 2018, when an agreement between the Birmingham Railway Museum and the Fifty Fund was reached to return the locomotive to operational use. As part of this arrangement the locomotive was moved to the Severn Valley Railway in May of the same year. After an intense restoration effort the loco hauled trains at the Class 50 Golden Anniversary Gala in October 2018. As the loco was still in undercoat, it was possible for gala attendees to graffiti the loco body for a payment towards its full repaint - an exercise that raised over £3,800.