I really can't see what motivates you to get in your car and follow the kid home, talk to his mother, AND call the cops over a stupid little burnout....kids will be kids.
Now if he hit your car then that's a different story because there is damage that he's liable for.
All I can say on this whole topic is that you need to accept that our legal system is imperfect, just like the humans who enforce it....you will be judged superficially on your appearance, your attitude, and your car. All you can do is conduct yourself as properly as you know how, keep your nose clean, and if a false accusation comes up be honest and deal with it...
On the flip side some kids will be unfairly pegged for street-racing, and other gross offenders will go free...regardless of the evidence or lack thereof.
"It's like that (what?) and that's the way it is. Huah!" -Run D.M.C.