Breeders' Cup 2014: NBC gets 10-year extension on TV contract

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We have our first winner in the 2014 Breeders' Cup: NBC.

The Peacock will be saddled with the event billed as the World Thoroughbred Championship through 2025. A 10-year coverage extension was announced Thursday.

This year's Breeders' Cup events begin Friday night with four races at Southern California's Santa Anita Park. Nine races, including the Classic, are on Saturday's race card.

MORE: 3-year-old are strength of Classic | Details on Breeders' Cup

A bonus for racing fans: live primetime telecasts in 2016 and 2017.

NBC Sports Group and the Breeders' Cup are working on a 2012 contract. Coverage includes time on the NBC Sports Network cable channel. The package includes at least eight hours of live coverage over two days, according to Reuters.

Friday's races will be on NBCSN, beginning at 5 p.m. ET. The cable outlet will handle Saturday races from 3:30-8 p.m. ET.

The Classic, including Kentucky Derby and Preakness winner California Chrome, will be carried on the mother ship, starting at 8 p.m. ET.

MORE: Chrome has chance to shine out of 13th post