diff --git a/django/forms/models.py b/django/forms/models.py
index ecfdc92182..b34f4d03e8 100644
--- a/django/forms/models.py
+++ b/django/forms/models.py
@@ -396,7 +396,12 @@ def modelform_factory(model, form=ModelForm, fields=None, exclude=None,
         'formfield_callback': formfield_callback
     }
 
-    return ModelFormMetaclass(class_name, (form,), form_class_attrs)
+    form_metaclass = ModelFormMetaclass
+
+    if issubclass(form, BaseModelForm) and hasattr(form, '__metaclass__'):
+        form_metaclass = form.__metaclass__
+
+    return form_metaclass(class_name, (form,), form_class_attrs)
 
 
 # ModelFormSets ##############################################################
diff --git a/tests/regressiontests/model_forms_regress/tests.py b/tests/regressiontests/model_forms_regress/tests.py
index f53600195b..9817858afc 100644
--- a/tests/regressiontests/model_forms_regress/tests.py
+++ b/tests/regressiontests/model_forms_regress/tests.py
@@ -4,7 +4,7 @@ from django import forms
 from django.core.exceptions import FieldError, ValidationError
 from django.core.files.uploadedfile import SimpleUploadedFile
 from django.forms.models import (modelform_factory, ModelChoiceField,
-    fields_for_model, construct_instance)
+    fields_for_model, construct_instance, ModelFormMetaclass)
 from django.utils import unittest
 from django.test import TestCase
 
@@ -460,3 +460,19 @@ class EmptyFieldsTestCase(TestCase):
         self.assertTrue(form.is_valid())
         instance = construct_instance(form, Person(), fields=())
         self.assertEqual(instance.name, '')
+
+
+class CustomMetaclass(ModelFormMetaclass):
+    def __new__(cls, name, bases, attrs):
+        new = super(CustomMetaclass, cls).__new__(cls, name, bases, attrs)
+        new.base_fields = {}
+        return new
+
+class CustomMetaclassForm(forms.ModelForm):
+    __metaclass__ = CustomMetaclass
+
+
+class CustomMetaclassTestCase(TestCase):
+    def test_modelform_factory_metaclass(self):
+        new_cls = modelform_factory(Person, form=CustomMetaclassForm)
+        self.assertEqual(new_cls.base_fields, {})