After ponyboy and johnny kill bob, they are told to go on the run by dallas, who directs them to the curch, the part of the story where they are at the curch is considered the climax of the story (at thee curch fir at least)
To me his words mean that although he may have been racing against people with more experience, he didn't feel at a disadvantage. He felt as though he was their equal, because age doesn't always matter.
