May of got the name completely wrong but wasn't there a slingshot dragster around in the 70s called molotovcocktail? I have never seen any pictures of the vehicle.
yes you got the name right, there's a pic on this page...
http://ukdrn.co.uk/forum/viewtopic.php? ... ail#p33149
it was a good name for the car as Molotov cocktail mean's a petrol bomb, bottle bomb or poor man's grenade