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2012 Breeders' Cup preview: 2-day event begins on Friday

One of the nation's premiers horse racing events gets underway this weekend.

Andy Lyons

One of the premiere horse racing events in the nation descends upon Santa Anita Park in Los Angeles, California, as the Breeders' Cup gets underway on Nov. 2 and 3.

The Breeders' Cup started in 1984 and was expanded to two days worth of races in 2007. It is generally the fourth or fifth best-attended horse racing event in America, generally behind the Kentucky Derby, the Preakness Stakes, the Kentucky Oaks and occasionally the Belmont Stakes.

Matt Gardner has all the coverage for SB Nation of one of the richest two days in sports. A total of $25.5 million will be paid out over the 16 different races.

A majority of the races take place on Saturday, Nov. 3, highlighted by the 1.25-mile Classic, with the highest payout at $5 million. The Classic is the richest race in the United States and is open to all horses three years and older.

NBC Sports will broadcast much of the Breeders' Cup. On Friday, Nov. 2, coverage goes from 1 to 5 p.m. PT. On Nov. 3 coverage lasts begins at 12:30 p.m. and goes until 5 p.m. PT. NBC will also nationally televise the Classic from 5-6 p.m. PT.