I reported a young hoon in a Gemini who lived 2 doors down.
I went into the local cop shop in person & gave them a list of dates & approximate times that he had done dangerous & stupid things. The cop sat down at the computer, looked up the details & then thanked me. He also told me they need more than one report before they will do anything, and he had already been noticed. Less than 10 minutes later (I'd only just put the car in the garage) a caged truck turned up out the front of his house. From what the next-door neighbour tells me, he took a real fright, and his driving style is now somewhat subdued.
I used to live next door to a HWP copper, and he would often tell me of local cars that were "on-notice" Apparently they had a whiteboard at the station with these details on it, and when one of these cars were spotted, they were to be given "extra attention"
I reckon you should report him, but do it in person to show you're serious. Turn up armed with a list like I did. From the sounds of his behavior, you probably won't be the first report, but the more evidence, the stronger the case, and the more likely they will pay him a visit. If they don't pay him a personal visit, at least they will know who to look out for.
My cars not on fire, that's just the tyres.