I believe this is El Neto, aka Don Neto, or Ernesto Fonseca Carrillo. He was depicted in the stellar Netflix series Narcos Mexico by Joaquín Cosío.
Edit: this was Ernesto Alfredo Pinon de la Cruz (El Neto, of Sinaloa, not Don Neto of Guadalajara). This was not the Netflix character. Thank you for clarifying.

Many countries have displacement restrictions for drivers licenses based on the age of the driver (particularly for motorcycles). It is an acknowledgement of the inexperience of young drivers in situations which require reflexive, tempered corrective actions. The physics of restricting engine power for young drivers is inarguably beneficial to all drivers.