Does momentum inertia have anything to do with the disc wheels in track racing?

(Momentum inertia is a measure of an object's resistance to changes in its rotation rate. It is the rotational analog of mass. That is, it is the inertia of a rigid rotating body with respect to its rotation. The momentum inertia plays much the same role in rotational dynamics as mass does in basic dynamics, determining the relationship between angular momentum and angular velocity, torque and angular acceleration, and several other quantities. While a simple scalar treatment of the momentum inertia suffices for many situations, a more advanced tensor treatment allows the analysis of such complicated systems as spinning tops and gyroscopic motion.)