Start with the corners: that is where a driver needs the call earliest and where a flagman standing trackside is hardest to see. Four lights covers a typical short oval.

Then walk the track and look for the places where a driver cannot see the next light. A back straight with a crest, a corner with a bank of trees behind the flagstand, an infield that hides the tower. Those blind spots are where the next lights go.

Size the light to the viewing distance:

Model LEDs Readable to
6751A Standard 288 about 500 feet
6750 Tall 576 about 1,000 feet
6752 Extra Wide 1,152 about 2,000 feet
6770 Karting Cube 72 about 150 feet, indoor

The system takes more lights later without changing what is already installed, so starting with the corners and adding is a reasonable plan.