1. The manager decided not to hire Steve because he had been fired from several of his previous jobs. He didn’t have a very good track record. 93
2. The stockbroker recommended against investing in the company because it was fairly new and didn’t have much of a track record. She suggested I consider the company again in a few years.

The expression originates from horse racing, in which a horse’s previous wins and losses are studied in an effort to determine how well the horse will perform in the future.