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This is the amazing Christmas wonderland Ferrari builds for kids every year

Granted, when we think of a "Ferrari Christmas Wonderland" our dreams naturally manifest something like a red FF with a bow on the hood and keys on the seat, parked in front of a Fiorano Circuit that's ours for the day. A guy's gotta dream, right?
But, luckily for a lot of beaming children and their grateful, non-selfish parents, Ferrari's gift back to the people of Maranello is far more festive. The Italian automaker clearly pulls out all of the stops for its annual Kids Christmas party to celebrate the season. The event, which sees the Ferrari grounds transformed in to a veritable amusement park in a holiday theme, seems pretty massive of scale and impressive in its detail.
Click through to the video clip below to see what we mean, and pay special attention about two-thirds of the way through, when a special contingent of 'Santas' drop by to say "Boun Natale."

Ferrari wants to provide Red Bull with its own engines

Ferrari is proposing a different sort of arrangement that could provide Red Bull with the engines it needs to continue competing in Formula One. Rather than sell the team the same engines its own competition department uses, the Maranello outfit suggests creating a separate engineering program for Red Bull to get its own engine package. The issue of where Red Bull will get its engines has been looming over the paddock for several months. Though its current partnership with Renault yielded four straight world championships, the relationship has gone sour over the last couple of years as performance has dropped off. That has left Red Bull looking for a new engine supplier, but with Ferrari, Mercedes, and Honda all powering their own entries, none have been particularly keen to motivate Red Bull. A proposal to bring Volkswagen into the sport in partnership with the team fell apart in the wake of the diesel emissions scandal. And while the FIA may be moving ahead to bring an independent engine supplier into the series, that doesn't look likely to take shape in time for next season. Ferrari – like Mercedes and McLaren-Honda – says it won't simply hand one of its chief rivals the same engine package as it uses itself. But speaking to Motorsport.com at Ferrari's Finali Mondiali event at Mugello this weekend, Sergio Marchionne proposed a different course of action. That would involve making the building blocks of Ferrari's power unit, along with the wealth of its engineering talent, available to Red Bull for the team to plot its own engine development program in parallel to Maranello's own. The Ferrari chairman (and Fiat Chrysler chief) says he has already raised the idea with Red Bull chief Dietrich Mateschitz and his racing adviser Helmut Marko. If it does work out, we could potentially see Ferrari setting up similar programs with its other customer teams. Those currently include Sauber and Marussia, and Haas and Toro Rosso could soon join the mix as well. Adding Red Bull would mean that over half of the grid would be powered by Ferrari engines as soon as next season. Related Video: News Source: Motorsport.comImage Credit: Red Bull Motorsports Ferrari F1

Ferrari families have 'agreement' to prevent takeover

With its initial public offering already a massive success, Ferrari is now officially a publicly traded company on the New York Stock Exchange. While anyone can buy those shares, don't expect investors to take control away from some of the top owners of the Prancing Horse anytime soon. To maintain their power, Enzo Ferrari's son, Piero, and Exor chairman John Elkann will sign a deal guaranteeing themselves nearly half of the automaker's voting rights, Bloomberg reports. As part of this arrangement, shareholders that agree to hang onto Ferrari stock for at least three years would receive additional voting rights in the company, and that would give Piero and Elkann a combined 48.7 percent of the automaker by banding together. While not quite complete control, the move should be enough to prevent a takeover of the business. "We have an agreement among the families to protect our interests in Ferrari," Piero said to Bloomberg. This agreement won't really become a concern until next year because only 10 percent of Ferrari will be traded for now. FCA will distribute another 80 percent to its shareholders in early 2016, and Elkann's Exor will be getting the largest portion of the Prancing Horse in the spin-off. Meanwhile, Piero holds the remaining 10 percent but has absolutely no intention to sell his stake in his father's business. The newly public Ferrari will push to grow volume with a goal of moving 9,000 vehicles annually by 2019. To reach that 30-percent boost, expect to see a new model every year, and some of them might use a new, modular platform that's reportedly under development. Related Video: