I know, it sounds rediculous, but I can't think of anything worthwhile - I'm not that creative. He's a short list of what I've come up with but suggestions are welcome. Some came from the following website -
http://www-chaos.umd.edu/misc/
FOZZI58 - obviously...
MERITO - (Excellence in Italian)
DMNTOYS (very true)
VELOCE (Italian for Fast)
TOPLESS
TOPLSTA
TPLESTA
321 GO
55 HAHA
LS16SPD
LS1INSD
VA BENE (Everything's good)
LOTAPWR
The rest are somewhat crappy.....
MY2KTA
AGBULLT (AG is the sign for Silver, remember the periodic table of the elements?)
RICEATR (Use the E twice)
FILLRUP
HNDSOFF
KWIK AG (Periodic Table reference)
MIGLIORE (One letter too much, but it means "the best" in Italian)
AIR RAID (cause its a vert - stupid, I know)