Razor uses TorqueBox's logging subsystem exclusively for logging. Please read the TorqueBox documentation on logging for details about how to configure that.
Razor logs to a few different categories, which can be used to separate the wheat from the chaff in looking through logfiles:
razor.web.log
server access log in common log formatrazor.web.api
additional messages from the API frontend, including details about errorsrazor.messaging.sequel
messages about the internal messaging used, for example, when importing ISO'srazor
everything else