Two infinity signs are a bit too much imo. I think it would look better (and more practical) if you would remove the infinity sign from the lower - red bar - part of the image.
I like the quality of the image, perhaps you can come up with some different color settings (I personally prefer a contrast in the colors, For instance a darker color like black or (dark)gray and a lighter, more brighter color like red, yellow, green)
To me that's really the coolest and most logical integration yet of the infinity sign. Needs a bit of work on the font generally to make it a design, but whatever... nice one.
Well i was seriously bored for over 2 hours do decided to kill 30mins trying to do a logo. Isn't the best and hopeuflly it might give you guys something to laugh at.
And yes i got a little carried away with the track