As kilcoo mentioned, a radiator will posess drag. But a properly tuned intake and exhaust can produce thrust, and cancel out the drag from the radiator to produce an overall net drag almost zero.
The problem is, this design is optimzed for a certain velocity and altitude. In a production car where it has to endure various combinations of speeds and such, that doesn't work very well any more. A car can drive down an expressway at 100 kph, then sit idling in traffic for an hour... and there's no optimal radiator design that works for such extremes.
While operating extremes of a road car may not make such a concept worthwhile, I'm sure that manufacturers of supercars (Ferrari, Porsche, Lotus etc) may showcase this technology. If you look at the ducting of a 599, or an Enzo; with all that time in the wind tunnel, there could be some usage of this technology couldn't there?
The question still remains however. Is this concept of directing air in and out of a radiator to minimize it's drag actually being used in practice in the racing/automotive industry? There have got to be some aerodynamicists on this forum...