Michael Schumacher has revealed that Mercedes GP's preparations for F1 2011 are going 'very well'.

Indeed despite the struggles this year, the 41-year-old is convinced the Brackley-based outfit can take a 'good step forward' with its 2011 car, the MGP W02, and while he is looking forward to the Christmas break he is also excited about the prospect of going racing again in March.

"Everybody is working very hard on our preparations for the 2011 season. The whole team is motivated and we are confident that next year will take us a good step forward. The guys at Mercedes GP in Brackley, Brixworth and Stuttgart are really powering a lot," Schumacher told his personal website.

"I am looking forward to some quiet days with my family over Christmas but I also notice that I am going all tingly already thinking about next year.

"We ended the season with a positive feeling and things were starting to come together with a tendency that was clearly positive. And from a physical point of view, the year wasn't very demanding for me.

"So, knowing our developments for the new year makes me confident that we can fight for some race victories from our own power. This is a prospect which makes me look forward to competing again."

Schumacher also added that he hasn't given up on his target of winning the world title for a record eighth time.

"Fighting for the world championship is still our goal, it can only be like this. Hey, we are Mercedes!" he added.

"But this is a three-year project, and even if obviously it would be nicer if it worked out sooner, we are talking about competing at the absolute peak of motorsport. You cannot just come along, put a new team together and beat everybody.

"But you can be sure that we are working very hard with all our combined power to achieve our aims."