Here is a sequence of two cars the camera managed to track. The focal length was 100mm at f4. The camera was focused on the car on the right and tracked it well. Note you can see the background is not blurred out, so focusing does not need to be spot on to achieve sharp images.
Here is another sequence of the same car when I zoomed in to 300mm at f5.6 as the car came towards me. This is a much tougher test for the focus system of the camera. The car was in focus throughout.
Overall, I am very happy with the continuous focus performance of the E-PM2 with the Panasonic 100-300mm lens. A very usable combination for motor sport. I just wish there were less depth of field with the 100-300mm lens.