I guess the Russians enjoy a different kind of freedom that we don't experience in highly regulated countries.
Could it be made street-legal? I'm serious.
Unfortunately getting insurance on antique / kit / custom cars can be a little problematic if you intend to heavily use the vehicle. So you can get insurance for a 5 ton or an original ford model T or a modern kit car replica model T relatively cheaply and easily IF you stay under 500 miles per year on the odometer. It would be quite unaffordable to insure if you commuted 40 miles per day like my little commuter car.