So I guess this guy will continue to drive because the DMV doesn't care. All the DMV cares about is getting his money for his licence after they get that, they figure the hell with public safety.
The problem is the oldtimer probably doesn't go in to renew his licence. All he has to do is send in a family member to renew it for him and is good to go for a few more years and he is free to wreak havoc on the streets.