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hi, mind you, it's not quite a property, rather just a UI convenience...

did you accept the (auto) color setting last time you added a new track? if not then it won't get recalled on next new tracks for sure; also, it won't be set on ever while editing existing tracks, for which both foreground and background colors are already settled, but you can still check it on for the help.

TL;DR, yes, it's correct.

hthyu.