According to the Associated Press, the owners of Laurel Park and Pimlico intend to submit a plan to the Maryland Racing Commission to conduct 77 days of live racing during the first half of the 2011 season.

MI Developments and Penn National Gaming operate the state thoroughbred tracks in partnership and announced their intention on Friday. The tracks reportedly have been losing millions of dollars a year, and the owners are seeking a way to make year-round racing viable.

The commission rejected their bid last month to reduce the schedule to 47 days of live racing at the Laurel Park winter meet and Pimlico spring meet.

Penn National official Eric Schippers said the new plan includes racing through the Preakness on May 21. After that the operators would seek a long-term solution.