Yes the format of Drift is on a Quick-time .mov
Window 7 video editor
and
Video Pad Video Editor
is what I use to make and convert my video
most all my movies are in MP4 or AVI
The Drift has a small LSD screen to watch your video at the track and has a fast foreword on it so you can preview or you can down load it, I use a laptop at the track, plus it charges threw the USB
There is a lot of free converter tools or video editor's out there
I went to Fry's and looked in the clearance software section
Sounds like your doing your Home work