Ford Motor Co. has settled a lawsuit in which it accused Italian automaker Ferrari of infringing its trademark for the popular F-150 truck.
Ford dropped the case Thursday, according to a filing with the U.S. district court in Detroit. Terms were unclear from the filing.
“We’re obviously pleased that we were able to resolve this amicably,” Ford spokeswoman Anne Marie Gattari said.
In its lawsuit filed Feb. 9, Ford accused Ferrari of improperly using the name F150 for a new Formula 1 racing car.
Ford complained that Ferrari also used a logo that bore a striking resemblance to that on the Ford F-150, the top-selling vehicle in the United States.
A day after Ford sued, Ferrari said it would use only the full name of its vehicle, Ferrari F150th Italia, on the Formula 1 car.
Gattari said because the new name “still contained F and 150,” that change “was not acceptable to us.”
The Italian automaker Fiat SpA has an 85 percent stake in Ferrari.
The case is Ford Motor Co. v. Ferrari SpA, U.S. District Court, Southern District of New York, No. 11-10518.
Why would Ferrari want to be associated with Ford???? I’m just saying….