I am not talking about ground effect
s (specifically for downforce) - what I am commenting on is the ideal template has a flatter underside for lower drag. The presence of the ground (which is obviously required!) changes the parameters for the underside of the car - the air moves differently near the ground because the ground restricts where it can move.
Having the underside the same profile as the top, is by definition higher drag. And in this case, the other bad side effect is probably a fair bit of lift. Also, the exposed wheels on the Russian car also mean the drag is actually pretty high.
Another point, is in 1938, there was enough aerodynamic knowledge to build this:
So, the rules of low drag aerodynamics were known.