DETROIT - Ford Motor Co. sued luxury automaker Ferrari in federal court today, accusing the exotic sports car company of cybersquatting and trademark infringement for allegedly misappropriating the famous F-150 name.

The lawsuit stems from Ferrari naming its new Formula 1 racing car the "F150," and creating a Web site www.ferrarif150.com, according to paperwork filed in U.S. District Court in Detroit, reported The Detroit News.

Ford has suffered irreparable harm to its F-150 trademark, the lawsuit says, and the Dearborn automaker's legal team wants a judge to block Ferrari from using the trademark in the U.S. That includes importing, manufacturing or selling any producing that uses the F-150 name.

Ford also wants unspecified damages and for Ferrari to give up any revenue and profits earned in the U.S. through the use of the F-150 name, according to the lawsuit filed by Southfield lawyer Marc Lorelli. And Ford wants $100,000 in damages pursuant to the Anticybersquatting Consumer Protection Act, which protects against Internet domain names that confuse the public over the true source of products and services.

Ford has used the F-150 name on its flagship, full-size pickup trucks since the 1975 model year.

"This is an important trademark for us and we've spent many years and lots of advertising resources on establishing this name and getting the trademark," Ford spokeswoman Anne Marie Gattari said. "It's one we take very very seriously. It's one of our flagship vehicles."

The automaker obtained a trademark registration for F-150 in 1995, according to the lawsuit. Since 1997, gross revenues for the F-150 have topped $180 billion.

The lawsuit comes days after Ferrari announced it was naming the new Formula 1 race car the "F150," which is a nod to the 150th anniversary of the unification of Italy, according to the automaker's website.

"When Ferrari announced the name of its race car as 'F150,' Ford asked Ferrari to change the name," Gattari said. "Ferrari did not respond in a timely manner, leaving Ford no choice but to take legal action to protect its important brand and trademark rights."