If you do the math (Stored Energy = 1/2 * Capacitance * Volts * Volts), a 2.5F supercap charged up to 5V could power a typical passenger car LED strip burning about 1/4 Watt for over 100 seconds. Such a supercap stores several hundred times more energy than a 470uF "normal" cap charged up to ~20V at command-control track voltage. But you don't need seconds of backup lighting for flicker reduction. You only need a fraction of a second which is why the 470uF works fine. After all, if you've got dirty track or whatever causing intermittent loss of track power for anywhere near a second, you've gone bigger fish to fry...like your engine will stall!
If the question is about replacing the 470uF with a supercap, note that the supercaps under discussion are typically limited to 5V operation. The capacitor used on the Hennings LED board operates at 20V or more. And the 12V LED strips that mate with the Hennings board need at least ~10V to operate. So to take advantage of supercap technology you'd need 2 things, 1) a method to limit the supercap voltage to 5V, and 2) a method to boost the voltage to a suitable operating voltage for 12V LED strips. These can all be done with some combination of the proverbial $1 (free shipping from Asia) eBay modules.
But for the matter at hand (flicker reduction), if the 470uF cap proves inadequate, I'd simply add another 470uF (35V) capacitor. And, as stated earlier, if even ~1000uF proves inadequate I'd call your MOW department for track maintenance, wheel/roller cleaning, etc.