De Tomaso was founded in 1959 when Alejandro de Tomaso emigrated from Argentina to Italy. Beyond the 60s, the company began to build sports cars in small series. In the early 70s they entered into a collaboration with Lee Iacocca on the development of the De Tomaso Pantera. Ford bought into the company and sold the De Tomaso Pantera in the US through its Lincoln-Mercury dealers. After Ford pulled out in 1975, De Tomaso bought up and ran Maserati as a subsidiary until 1993. In the 2000s, De Tomaso ran into financial problems. A company in Hong Kong has acquired the rights to the brand name De Tomaso for exclusive sports cars produced in small series.