Watch live streaming coverage of the final day of the 2012 Masters, plus view the key tee-off times and read a full preview.
Phil Mickelson has history on his side on Sunday. 19 of the last 21 winners at Augusta have come from the final pairing, while his three Masters titles have all arrived when he was in Sunday's final group. Reuters

When and Where: The final round gets underway at the 2012 Masters, with the first paring teeing-off at 9.20 a.m. You can watch live streaming coverage on Masters.com from 11.45 a.m. Alternatively you can also watch online at CBSSports.com. TV coverage begins on CBS at 2.p.m.

Notable Tee-Off Times

11.30 a.m. Tiger Woods (+3) begins his final round alongside fellow former Masters winner Vijay Singh (+2).

2 p.m. Lee Westwood (-4) tees-off with former British Open champion Paul Lawrie (-3)

2.10 p.m. Padraig Harrington (-4) gets underway paired with Swede Henrik Stenson (-4).

2.20 p.m. Matt Kuchar (-5) and Hunter Mahan (-4) start their final-day challenge.

2.30 p.m. Louis Oosthuizen (-7) tees-off alongside American Bubba Watson (-6)

2.40 p.m. The final pairing on the last day of the 2012 Masters, Peter Hanson (-9) and Phil Mickelson (-8) tee-off.

Preview: Peter Hanson and Phil Mickelson have the enviable position of being the last pairing to hit the Augusta National course on Sunday after both men shot superb rounds on the penultimate day to put them atop the leaderboard.

Saturday is known as moving day at the Masters and it sure lived up to its billing as some explosive rounds were shot and some big names fell by the wayside.

Hanson shot the low round of the tournament with a 65 that moved him to the outright lead at 9-under par. And the Swede admitted he would be entering unchartered terrritory on Sunday.

It's going to be tough, Hanson said, according to the Guardian. It's a new situation to me. I've been up on the leaderboard a few times, but I've never led in anything like this.

But despite the 34-year-old being a shot clear, it will be Mickelson who will be favorite to pick up his fourth Green Jacket.

The Californian had the Augusta galleries in raptures for much of a spectacular round, particularly when he sank his putt for an eagle on the 13th. And the crowd rose to acclaim once more when the popular putted in for birdie to complete an incredible back nine in just 30 shots.

There are good omens for Mickeslon as well, with all of his three previous triumphs in the Masters coming when he was playing in the final pairing on Sunday.

I love it here, and I love nothing more than being in the last group on Sunday at the Masters, Mickelson said, according to Masters.com. It's the greatest thing in professional golf.

The rounds of Hanson and Mickelson contrasted sharply with many of the top names expected to make big pushes on Saturday.

Rory McIlroy who began the day at 4-under, double-bogeyed the first hole and never recovered, finishing the day at 2-over after going out in 42. And things were not better for the Northern Irishman's playing partner Sergio Garcia, either. The talented Spaniard dropping out of contention after finishing the day on 1-over.

At least the pair were able to see the light side of their troubles as the duo embraced after both hit rare birdies on 12.

Tiger Woods will not feature strongly in the coverage on the final day either. The four-time Masters champion failing to capitalize on two early birdies as he shot level par to remain at 3-over. Yet, the former world No. 1 joked that how he could still make a dramatic comeback.

Fairway, green, one-putt every green, I should be all right, he said, according to the New York Times.

Despite the failures of many, there remains a large number of players who will begin their final rounds with realistic hopes of ending the day on top.

South African Louis Oosthuizen is just two shots back and the 29-year-old knows what it takes to get the job done on the final round of a major having won the British Open two years ago. While, at 6-under-par, Bubba Watson has the kind of flamboyant playing style that could either set the course alight or see him crash and burn on Sunday.

And then there are another five players still well in the hunt at 5- and 4-under. Hunter Mahan, the form player on tour this year with two victories already to his name, will be looking to post a low score to give him a shot of his first major win.

Irishman Padraig Harrington will also be looking for his first Masters, after having already claimed two British Opens and a PGA Championship.

I think that you have to know the golf course full stop on Sunday, Harrington said, according to Masters.com. You've got to know the feelings coming down the stretch in a major. You've got to know the feelings coming down the stretch at the Masters, because the Masters is different. That back nine is different than any other major tournament.