I'd imagine AWD has at least some benefit on the race track, given that a lot of racing organizations have banned it.
I don’t know the reason for banning it, but if I had to guess, i’d say it was a safety issue.
AWD must be driven totally different to get through curves fast. So an AWD car will not be braking and accelerating in the same places as all the other cars. That increases odds of a collisions.
Just my hunch.