Folkestone forced into closure
The last meeting at the Folkestone Racecourse has been held after more than 100 years of horse racing in the area.
Arena Racing Company (ARC) said it was closing down the site because much of the "outdated" facilities needed redeveloping.
Shepway District Council said it is still committed to discussing alternative options for the site.
ARC spokesman Tony Kelly told BBC News that the racecourse at Westenhanger was no longer making any money and the withdrawal of support from local authorities left the prospect of any new developments unlikely.
"It is not a viable business at this stage and we need to have a viable business in order that we can reinvest in the facilities and make it fit for purpose," he said.
This closure follows the one at Hereford Racecourse, which also held its last ever meeting earlier this week because the owners of the venue claimed it was no longer making any money.