It's a radiator cap, wow!
http://www.flyinmiata.com/index.php?...umber=09-46050
A higher pressure cooling system helps avoid spot boiling in the head. It also prevents the car from dumping coolant when it's running hot. We've tested this 24 psi cap on a number of our cars and it's helped them stay cool under brutal conditions. An all-metal radiator is recommended. From Stant Racing.