As long as it is compatible with aluminum (should say so on the label)
As long as it is compatible with the type of coolant that is already in there, if it is not water. Certain types of coolant additives don't play nice with others. (OAT / HOAT versus "conventional", i.e. certain types of "long life" versus the standard stuff - It is known, for example, that VW G12 and similar coolants which are HOAT, mixed with conventional green stuff, results in brown sludge that clogs up the system). If this is unknown for whatever reason, flush the system completely.
For a track bike that is only using water, it is a whole lot easier to just drain out the water+WaterWetter (or equivalent) that is in there the best you can, not worry about the small residual liquid pockets (as long as they are SMALL, they won't do any damage ... your ice cube tray in the fridge doesn't break when the water freezes ... same situation), and not worry about having to flush the system several times over in the spring to get all of the coolant out.
A seal that sees no relative motion (engine not running ...) need not be lubricated. A cooling system that is drained and sealed (radiator cap on ...) isn't subject to corrosion - the electrolyte (water) is not there and the oxygen (replenished from the atmosphere) is not there. Residual pockets of water+WaterWetter will have residual amounts of corrosion inhibitor in them anyhow. The cooling system drain screw/hose is at the lowest point in the system and if you tilt the bike left and right as much as you comfortably can after most of the water has drained out until it stops dripping, there won't be enough water left in the system to mean anything. (Read your service manual - some engines have multiple drain points.) If you put a piece of tape over the ignition switch with "NO COOLANT" written on it, there is your reminder to fill the system before starting the engine when springtime comes.
Done it for years before moving to a place where I have an indoor heated shop ... never had an issue ... plenty of others same situation.