To add - we have, over the years, seen the closure or relocation of clubs/tracks here in the south, not as a result of 'the big stick' but, through market forces or changing demographic to which Reefton has alluded.
Hororata, Amberley, Nelson, Westport, Geraldine,Wyndham,Tapanui, Beaumont come to mind.
Add Waimate, Waikouaiti, Winton, Oamaru, Blenheim and Rangiora to the 'forced' pile. There may be others I haven't mentioned, and also we have a plethora of Hunt Clubs which no longer have a day.
I don't see any business case from on high to indicate just how beneficial those closures have been, the voluntary ones may have seen some local upside in the change, but to the industry?
It's only the asset grab that is driving this latest travesty, again - as Reefton has said - simple economics will determine which stays and which doesn't, without any draconian measures.
But the unsustainable model will just keep on keeping on, as long as there is funding to be plundered from somewhere, supported by Tesio and his buddies. I'm charitable enough to think that they want a successful industry, as we all do - but sadly, logic and reasoned discussion just doesn't sink in.