Track mode not working

Mavic Air 2S here, when I want to fly in Track mode, select the subject as me, I am visible in a green rectangle and the drone starts to spin around in a completely random direction and then loses track of me. When I press Orbit and press start it just randomly flies in a completely random direction and spins around. It looks like it gets completely lost. Do you know what might be causing this? I am not sure it it helps but I noticed that when I fly it I see red LED are slowly flashing.

One indication of blinking RED lights is an IMU error. Another is battery low.
The behavior sounds like an IMU error. Try IMU calibration.

Thanks. I calibrated IMU and will try it again on next possible occasion.