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[Elder Scrolls] interbreeding a thing?

Something I thought about while playing Skyrim. Is it possible for, let's say an Orc and a high elf to breed and then create the magic-warrior master race or will it just not work?

edit: Whoops meant to write IS interbreeding a thing*. :)
gpt
There are three groups of thinking races in the world: the mer, the men and the beastfolk.

The mer (Altmer, Bosmer, Dunmer, Falmer, Dwemer and, yes, the orcs or Orsimer) are all descendents of the Aldmer proto-race; they believe themselves to be descended directly from the Aedra, though the truth of that is lost to legend. The origin of men is less well known, as by the time we have written records they could already be found on Atmora, Yokuda, and perhaps some indigents in Tamriel itself. One of the better theories is that men originated in Akavir and are closely related to the Tsaesci; then Atmoran, Yokudan and Tamrielan men are all descendents of those who escaped the slavery of the snake-men.

All that being said, indeed men and mer can interbreed freely. In fact, the Grey Prince, who was the long-standing Arena Champion until he was unseated by the Hero of Kvatch around the time of the Oblivion Crisis, was the son of an Orc maid and an Imperial vampire. 

Whether men or mer can interbreed with the beast folk, the Argonians and the Khajit is unknown. There are rumors and legends of these happenings, but no Imperial historian or other such trustworthy source has ever recorded one.

However, interbreeding a typical warrior race like the orcs or Nords with a sorceror group like the Altmer or Bretons would not necessarily produce someone with the martial abilities of Pelinal Whitestrake and the magickal abilities of Vanus Galerion. You see our abilities lie as much with the things we do and practice as they do with our birthright. While the Altmer are known for their magical abilites, there are plenty of high elves who couldn't so much as light a candle without a match but who are mightly warriors indeed. On the other hand there are Nords who could barely lift a broadsword but who can call fire down from the heavens. The problem is that fighting-whether with fists or fire-takes a great deal of time to master. A knight may learn some basic healing spells and a mage some simple knife work just in case but most tend to stick to their strengths.

We do see "magic-warrior masters" every so often, those whom history calls Heroes-the Nerevarine, the Champion of Cyrodiil, the Dragonborn-who were said to be equally adept with blade, bow, and magic, but their immense skill is likely a combination of being born under lucky stars, the favor of the Nine, and constant practice at all of the above (combat skills of any type tend to get a lot of use when you're saving Tamriel from a world-eating dragon or the armies of a Daedric Prince) rather than some particular heritage.