It's never too late for some Christmas cheer from the Ferrari Formula One team, and it's certainly not too early to hear about what it expects to do in the 2012 season. After a brief intro, the 15-minute(!) video turns to Ferrari CEO and Italian prime ministerial candidate Luca di Montezemolo's musings on 2011, starting with "I've been extremely unhappy with what happened" this year, admitting he still has nightmares about the last race of 2010.

Team drivers Fernando Alonso and Felipe Massa also get a chance to discuss their seasons and aims. Naturally, it boils down to they "want to be perfect every race in a competitive car," but don't let that stop you from checking out the Santa-laced video after the jump.