Planking is how the kids here race 70cc Honda cub motorcycles. They shift with their hands and have specially modified seats to support the prone riding position.
while this is of course very cool, I was always convinced that it also included a motor. The acceleration seems too abrupt for just a Cd advantage, and that was right around the time of the big motor in chassis scandals
He's riding a fixie (presumably it's a fixie race). On a downhill, your legs are slowing you down; presumably he would have gained some advantage just by taking his feet off the pedals, but this would give a bit more advantage.
https://m.youtube.com/watch?v=3Iz7ZMALaCY