Ferrari sued for trademark infringement:
Detroit News: Ford Motor Co. sues Ferrari in U.S. Federal Court for cybersquatting and trademark infringement for using its famous F-150 trademark. Ford filed the lawsuit after Ferrari named its new Formula 1 racing car the “F-150,” and after creating the new website www.Ferrari150.com.
According to The Detriot News, Ford claims that it has suffered irreparable harm to its F-150 trademark and its lawyers are urging judge to block Ferrari’s use of the trademark in the U.S., award damages, and make Ferrari give up any earned revenues and profits earned in the U.S. through the use of its trademark. Further, Ford demands $100,000 in damages pursuant to the Anticybersquatting Consumer Protection Act (ACPA) for cybersquatting. We'll stay tuned for more news from this cybersquatting case.
Source: Ford sues Ferrari over F-150 name, The Detroit News