Refers to car tyres that are completely without tread or bald. Kojak was a popular TV character from the 1970's played by the actor Telly Savalas, who was completely bald
Some Guy#1 "Is that the Law up ahead? Hope they don't pull me over 'cos my tyres are like Kojak Radials!"

Passenger " I'd be more worried about the fact that you just stole this car, you twat!"
by Negrophiliac May 29, 2008

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