Thanks for the other pictures @Fatman , always nice to have something to use as a reference or comparison for items old and like this one. @O Gauge Guy thanks for the roller coaster compliment. My Grandmother got the Ferris Wheel & rocket ride as presents when she was a child-barely ever played with them(they were kind of viewed as prized possessions that my great-grandmother didn't want to risk breaking). Hence, they're mint and have their boxes.
Sorry guys, Never posted these pictures of the inside of the Bing transformer, for those who are curious.
Aerial view as shown previously:
"Rear"
"Right-hand side"- there is a mechanism above the lever that causes the white/red indicator to go back to white if in the red position.