Andre Santos was arrested last Friday on suspicion of dangerous driving near Arsenal's training ground.
Santos, 29, must answer bail next month and could be imprisoned for a maximum of two years if the case goes to Crown Court and he is convicted.
He was apprehended by officers after they noticed a car being driven erratically by a driver who failed to stop. The incident occured the day before Arsenal's first game of the Premier League season.
It is thought Santos, who was on the bench for the Gunners' opener against Sunderland on Saturday, was behind the wheel of a powerful sports car. He was picked up by officers close to Arsenal's training ground in London Colney in Hertfordshire, just inside the M25 motorway.
A Metropolitan Police spokesman said: "Shortly after 9.30am on Friday August 17, a 29-year-old man was arrested on suspicion of dangerous driving and failing to stop for police on the A1, near to Junction 22 of the M25.
"Officers' attention was drawn to the vehicle due to the manner of its driving.The man has been bailed to return at a date in mid-September to a North London police station."