It looks like more of a "show" drag car than a real competitor.
I'd say it was built for FUN on a relative budget. Old style car, stock block, etc.
It might not be the fastest, lightest vehicle as far as "Blown Alcohol" is concerned, but it does look cool, runs bottom 9's, and didn't cost as much to build as the fastest stuff out there.
Heck, I think it would be all kinds of fun to strap into the thing and blast it down the track!
It is what it is.

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Mike Burch
66 mustang real street
302 4-speed 289 heads
10.63 @ 129.3
http://www.mustangworks.com/cgi-bin/moi-display.cgi?220