I really dislike the title of 'he was a good driver' of an article like this. Not talking to you , OP, but to the writers of this article. He could have seriously hurt someone or himself, and it seems to be being glib about the whole thing. And secondly, he definitely was not a good driver.
I'm glad he is getting charged, but also wonder if the parents shouldn't hold some responsibility too. I can't see the OP one because it's behind a paywall but another article has some of the 911 calls and it sounds like the mom was chasing him. Did she call 911 or try to stop him herself, probably also driving a ridiculous speed. Not to mention there is an admitted history of him doing this, so more safety precautions should be taken.
http://time.com/5001056/10-year-old-boy-charged-high-speed-chase/
Kid obviously needs some help, though, so hopefully he can get that.