Prompt: Design a captivating F1 racing logo for \"ACE Racing,\" drawing inspiration from the dynamic aesthetics of hotwheels while incorporating a touch of sophistication reminiscent of Mercedes. Choose a bold and modern font for \"ACE Racing,\" with \"ACE\" taking the lead in a larger and more prominent size compared to \"RACING.\" Experiment with sharp edges, italicized styling, or any other stylistic elements that convey a sense of speed and excitement. Incorporate sleek and aerodynamic shapes, reminiscent of hotwheels designs, to emphasize the high-speed nature of Formula 1 racing. Integrate vibrant and eye-catching colors such as electric blues, fiery reds, or metallic tones to evoke the excitement of a hotwheels race. Consider adding subtle details or accents that nod to the Mercedes aesthetic, such as clean lines and a touch of luxury. However, ensure that the overall design is distinctive and unique to ACE Racing. Play with negative space and gradients to enhance the visual impact, creating a logo that looks both futuristic and polished. Strive for a design that captures the essence of hotwheels' thrill while maintaining a professional and high-performance feel. The goal is to produce a logo that stands out, combining the energy of hotwheels with the sophistication associated with top-tier racing.