Valentino flick on Oscar long-list
Valentino: The Last Emperor follows the style guru's last days as head of his fashion house.
Other films on the list include The Cove, which is about the slaughter of dolphins in Japan.
Notable omissions include Michael Moore's latest documentary Capitalism: A Love Story and The September Issue, another fashion documentary about Vogue editor Anna Wintour.
The shortlist of the five films which will battle it out for the Oscar will be revealed on February 2nd.
This year's best documentary Oscar went to Man on Wire, which told the story of Frenchman Philippe Petit's high-wire walk between New York's Twin Towers in 1974.
Valentino: The Last Emperor was directed by Matt Tyrnauer and featured a number of famous faces including designers Tom Ford and Karl Lagerfield, actress Gwyneth Paltrow and model Claudia Schiffer.