Is the track made from a single item in BTB, e.g. a closed loop track? If so, there's a chance it will have been exported to game as a single mesh. A mesh can only accept a certain number of lights, with anything beyond the limit being ignored.
A single track can be split up by placing cross sections where 'Set Material' is selected. If you've not done that, the track will definitely be a single mesh. Try adding some cross sections to the track with 'Set Material' selected in window. It'll choose the current material by default, so you won't have to make any changes.
Adding/moving cross sections can slightly change the positions of the the triangles' vertices, so if you've carefully aligned other things to your track, you should double check them afterwards.