Jockey Club Racehorses have made an application to hold the Derby and Oaks races.
Both races are ran at Epsom Downs, and the local council has been approached over the meet.
The application will be considered at a crucial local council meeting on 12 May.
The Jockey Club has said that all required security will be assembled, to hold the races over a single day.
Racing in Britain has been suspended indefinitely since 17 March, because of coronavirus.
Jockey Club Says Decision Needed Now For Epsom
The Jockey Club believes that if its application is declined, then the races could not be held at Epsom.
Alternative venues for the races would have to be found.
If its not possible for the races to be ran at Epsom, then it will have significant knock on effects.
Commercial revenue for the racecourse would fall drastically the Jockey Club said.
Also the local training community is likely to be effected.
The Epsom Derby is one of the most traditional sports events on the UK’s sporting calendar.
It has taken place at the Surrey based racecourse since 1780.
The only exceptions were in during the two word wars.
Where the race was organised at Newmarket.
Earlier this week the British Horseracing Authority chief Nick Rust, said that racing could resume within a week.