Hot Wheels vintage Dragster with rare parachute

Vintage Hotwheels redline

Vintage Hot Wheels Redline Mongoose Fuel Dragster.
This specific model is a blue diecast toy car from the Hot Wheels Redline era, likely the 1970 or 1971 Fuel Dragster version associated with Tom McEwen's "Mongoose" dragster. Key features visible in the image and confirmed by search results include:
Dragster Design: It features the elongated body characteristic of a dragster, with exposed engine components.
Parachute: A red and white parachute is attached to the rear, a common feature on dragster models for braking.
Redline Wheels: Although not explicitly clear in the image, the "Redline" designation refers to the distinctive red stripe on the wheels of Hot Wheels cars produced during a specific period (1968-1977).
Mongoose Branding: The car is identified as a "Mongoose" dragster, referencing the famous drag racer Tom McEwen's car.