I've been using the 1:18 Vintage sprint car wheels sets with great success as 1:16 scale hot rod wheels. For those that don't know, they come in a set with two wide rears, one medium rear, two tall, skinny rears, two skinny ribbed fronts, and one small asphaly front tire, all with tampo-printed Firestone logos and mounted on pin-dive Halibrands.
Okay, this one is a 1:24 characature with 1:18 and 1:16 parts
A set like these would be great to have in 1:24... or a set of eight vintage drag wheels/tires: Narrow pie crust slicks, wider early wrinkle-walls, 15" skinny fronts on spindle-mounts and 18" super-skinnies for altereds and top fuel cars.