This is a Small Micro Machine 1980's Ford Thunderbird Dragster Funny Car number 2 with Turbo Wheels.  It is made of plastic and is highly detailed, Note the markings and the drogue chute.  This is about 1 1/4 inches long.  I bought this as part of a job lot and it is in good condition.  The coin in the picture is a Dime to show just how small this item is. 

I will gladly combine these small items to save on the shipping.