Street riding and track riding are two different skill sets. I've known fast track riders that were slow on the street and fast street riders that were slow on the track.
Track riding can definitely increase your safety envelope on the street. It gives you a safe environment to improve your cornering ability. If your maximum speed through that corner is 50mph, at 45 you're at 90% of your ability--you've only got 10% left. Increase your maximum speed to 60 and you've now got a 25% margin to play with.
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