Oswaldo Lopez allegedly street racing when he killed Mikey Espinoza in hit-and-run

Update: More information has surfaced about the Sunday hit and run that killed an eleven year old; see our earlier coverage below.

We previously knew the identity of the man said to have fatally struck the child and fled the scene: Oswaldo Lopez. But the loved ones of the victim, Mikey Espinoza, say that Lopez was street racing at the time of impact -- and he was busted for reckless driving just two short months ago.

Photos, video and details below.