05 March,2011 07:19 AM IST | | PA Sport
Ford has dropped its lawsuit against Ferrari over the naming of this year's Formula One car.The Scuderia had named their new challenger the F150 as a means of marking the 150th anniversary of the unification of Italy.
Ford, however, claimed this represented a trademark infringement as their F-150 truck is one of their best-selling models in the United States.
That resulted in the American manufacturer filing papers with the US District Court in Detroit asking for Ferrari to be barred from using the name and seeking unspecified damages. Ferrari immediately rectified the matter by re-naming their car the F150th Italia, resulting in Ford then filing a notice requesting the judge dismiss the case.
Ford spokeswoman Anne Marie Gattari told the Detroit Free Press: "We are pleased we were able to resolve this issue amicably."This resolution ensures that Ford's famous and distinctive F-150 trademark will be protected."
