The recycled plastic should not 'warp'. - In the sense that wood does due to the grain moving differing amounts..
It does expand/contract in the heat. - Most substances do!
It will do this to a much greater degree than timber, but if allowances are made for this it should not be a problem. - What I do not know is how much the plastic contracts/expands compared to the track.. My guess is that the rail will move to a greater degree then the plastic, but I may be wrong.