One team will get a chance to play for its first-ever national championship. The other will be headed home.

It’s a Big Ten heavyweight showdown in the semifinals of the 2025-26 College Football Playoff as the unbeaten No. 1-seeded Indiana Hoosiers (14-0) take on the No. 5 Oregon Ducks (13-1) in the Peach Bowl.

The winner will book a trip to the national championship game against either the No. 6 Ole Miss Rebels or No. 10 Miami Hurricanes. Ole Miss and Miami are squaring off in the semifinal Fiesta Bowl on Thursday.

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Curt Cignetti‘s top-seeded Hoosiers are two wins away from completing a perfect championship season. Indiana returned from its first-round bye with a statement Rose Bowl win, blowing out the No. 9 Alabama Crimson Tide 38-3 for the program’s first bowl game victory since 1991. Indiana is the only top-four seed to win at least one playoff game since the CFP expanded to 12 teams last year.

The Hoosiers handed the Ducks their first and only loss this season back on Oct. 11, winning 30-20 in Eugene. But Oregon now has a chance for revenge after winning two playoff games.



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Who has the most College Football Playoff appearances, championships?

Dan Lanning‘s Ducks blew past the No. 12 James Madison Dukes 51-34 in Round 1 before using a dominant defensive performance to take down the No. 4 Texas Tech Red Raiders in the Orange Bowl. Oregon forced four turnovers and shut out Texas Tech’s high-powered offense en route to a 23-0 victory.

These two powerhouses rank in the top 10 in the nation in both scoring offense and scoring defense. The Hoosiers are third in offense (41.6 points per game) and second in defense (10.3 points per game), while the Ducks sit ninth in offense (38.0 points per game) and sixth in defense (15.1 points per game).

The matchup also features the top two projected quarterback prospects in this year’s NFL draft in Indiana’s Heisman Trophy winner Fernando Mendoza and Oregon’s Dante Moore.

So, will Mendoza and Co. move to the brink of perfection? Or will Moore and the Ducks play spoiler and keep their own historic title chase alive?

Here’s how to watch the Oregon-Indiana Peach Bowl:

When is the Oregon vs. Indiana Peach Bowl?

The Ducks and Hoosiers will close out the semifinal round on Friday, Jan. 9.

Where is the Oregon vs. Indiana Peach Bowl being played?

Mercedes-Benz Stadium, home of the NFL‘s Atlanta Falcons, in Atlanta is the site of the CFP semifinal.

What time is the Oregon vs. Indiana Peach Bowl?

The Peach Bowl is scheduled for 7:30 p.m. ET/6:30 p.m. CT/4:30 p.m. PT.

What TV channel is the Oregon vs. Indiana Peach Bowl on?

Oregon-Indiana will air on ESPN.

Where to stream the Oregon vs. Indiana Peach Bowl live online

It will also be available to stream on ESPN.com and the ESPN app.

How many football national championships have the Indiana Hoosiers won?

The Hoosiers have never won a national championship.

How many football national championships have the Oregon Ducks won?

The Ducks are also seeking their first-ever national championship. They reached the national title game of the inaugural CFP in 2014-15, but fell to the Ohio State Buckeyes. Oregon also lost a BCS championship game to the Auburn Tigers in 2010-11.