what color is the fluid?

I haven't bought this brand, but ALL DOT 5 fluid is "supposed" to be PURPLE when new. It will, however, fade to a yellowish straw color over time.

I just checked. Made here in the U.S.A.

would this work in a jr dragster and what color is it?

It would in any application where a silicon based brake fluid is needed. I used in in my '03 Harley Davidson Road King. Not sure about your specific ride (jr dragster). As for color, this brand is clear with a purple tint.

ASIN	B002IAS82W
Brand	Johnsen's
Brand Name	Johnsen's
Container Type	Bottle
Customer Reviews	4.8 out of 5 stars 465 Reviews
Global Trade Identification Number	00039101070124
Item Weight	12 Ounces
Item weight	12 Ounces
Liquid Volume	12 Fluid Ounces
Liquid volume	12 Fluid Ounces
Manufacturer	Johnsen's
Material	Silicone
Package information	Bottle
Product Warranty	check with manufacturer Regulararding warranty and support issues.
Recommended Uses For Product	Brake oil
Recommended uses for product	Brake oil
Specific Uses For Product	Drum and disc brakes; Not for ABS systems
UPC	039101070124
Unit Count	354.88 millilitre(s)
Upper Temperature Rating	500 Degrees Fahrenheit

Johnsen's 7012-6 Silicone DOT-5 Brake Fluid - 12 oz. by Johnsen's

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