Right "track"
All of these responses are correct. To give a more specific answer, the inboard tracks are available for use with sails that are designed for close sheeting angles, and when used this way, you will see optimal pointing and upwind VMG.
MOST, but not all cruising/furling genoas are designed operate pretty well on the inboard track, and it is here that you will see the best upwind performance, provided the car is in the right fore and aft location for the sail size you have-this position is the one in which when the sail is trimmed in and you are sailing close hauled, the upper and lower sets of telltales will "break" (meaning the inside yarn will lift) at the same time. If you observe the lower inside yarn lifting while the upper set are both streaming straight back, this means the lead is too far forward. If you see the top break significantly before the bottom, it is too far back. This is the position where you have the entire sail functioning properly. As already noted in this thread, when you begin to get over powered, dropping the lead back a few holes will "open" the top of the sail (which causes the worst of the heeling and feeling of being overpowered), or put differently, you are easing the top of the sail, but not the bottom. This is a proven method of "reducing" the genoa, or depowering it.
In heavier conditions, you can also go the outboard track to further depower a bit, as the slot is more open. Some very full reaching-type genoas need to remain on the outboard track, since they are not desgined to be close winded, and as such do not benefit from the inside, narrow sheeting angle.In fact, they are very ineffective like this-but not too many primary sails are built like this today-mostly this will be a specialty sail built for a specific condition.
Finally, even if you genny is a good upwind sail and sheets on the inboard track for close hauled sailing, if you plan to be on a rreach of any kind for longer periods, you can improve the performance of the sail by moving it to the outboard track (and slightly forward of course). Since you are not trying to maximize pointing, the inboard track is no longer helping, and wider sailing angles require wider sheeting angles..
Got it? Pop quiz at noon!
Seth