Technically,  probably correct.  But the threat of arbitrary closure has produced enormous ill feeling. As said by a former very astute poster, the only reason to close a track is an economic one. If people dont want to come and horses dont get nominated,  then we'll put up the white flag.  The much maligned Purcell said,  in my hearing, I'm not in favour of forced closure of tracks, but we will offer support and work with any club which chooses to race at another venue. That was the way to go about the issue IMO.   

Yes the country needs Kumara.

Correct.  Which means there are too many racecourses for the amount of revenue generated.  

Some facts please.

Well there you go all your assumptions are incorrect.  Seems you contradict yourself often.  I gather you must still be on the TA email list or is it part of your weekly reading list?