LEXINGTON, Ky. (AP) -- Lexington thoroughbred racetrack Keeneland has partnered with Nevada-based Full House Resorts, in an effort to purchase land and build a Quarter Horse racetrack in the Corbin area.

Keeneland president and CEO Bill Thomason told the Lexington Herald-Leader in an exclusive interview, officials "think the community will embrace it and enjoy it," and that such a track would benefit the area economically.

The plan would include purchasing the Thunder Ridge harness track in Prestonsburg and reinventing it.

Keeneland leaders said they envision a "Keeneland-esque" facility that would offer simulcasting and instant racing, in addition to a boutique summertime Quarter Horse meet of about a dozen race dates.

The proposal would need regulatory approval before it could proceed.