Dell PowerEdge FN I/O Module Configuration Guide 9.10(0.0)

Each VRRP group can track up to 12 interfaces and up to 20 additional objects, which may affect the priority of the VRRP group. If the tracked interface goes down, the VRRP group’s priority decreases by a default value of 10 (also known as cost). If the tracked interface’s state goes up, the VRRP group’s priority increases by 10.

The lowered priority of the VRRP group may trigger an election. As the Master/Backup VRRP routers are selected based on the VRRP group’s priority, tracking features ensure that the best VRRP router is the Master for that group. The sum of all the costs of all the tracked interfaces must be less than the configured priority on the VRRP group. If the VRRP group is configured as Owner router (priority 255), tracking for that group is disabled, irrespective of the state of the tracked interfaces. The priority of the owner group always remains at 255.

For a virtual group, you can also track the status of a configured object (the track object-id command) by entering its object number.