I think your rear tires are around 26 1/2" or so diameter. I would think that's very close to the diameter tire that came on these cars originally..7x75x14...so I don't know if going a bit smaller tire is really worth it for you..I wouldn't go less than 26" diameter though...To gain effective gear you usually go smaller tire. But that depends on your cars power band. It might run out of steam top end with too short a tire, you have to have an idea what the car wants...
I guess you will be looking at a drag radials...can't help I run slicks at the track, but this will bump it...Maybe better if you posted in the race section...