Prompt: Design a distinguished and classy F1 racing logo for \"ACE Racing\" inspired by the sophistication of brands like Mercedes, while ensuring a unique and distinctive identity. Typography: Opt for a refined and modern font for \"ACE Racing.\" Focus on clarity and sophistication. Consider italicizing or subtly stylizing the typography to convey a sense of speed and elegance. Iconic Symbol: Create an iconic emblem or symbol that represents the ACE Racing brand. This could be a stylized racing flag, a dynamic abstract shape, or a symbol that reflects speed and victory. Ensure it is unique and distinct from existing logos. Clean Lines and Precision: Embrace clean lines and precision in the design, echoing the meticulous detailing associated with high-performance racing. Add a touch of class through subtle details without directly replicating any specific brand. Color Palette: Choose a sophisticated color palette, such as deep blues, silvers, or metallic tones, reminiscent of luxury and high-performance vehicles. Ensure the colors complement each other and evoke a sense of prestige. Negative Space: Experiment with negative space to add depth and sophistication to the design. Ensure the logo remains versatile and impactful across different mediums. Balance and Composition: Maintain a balanced and well-composed design, where the typography seamlessly integrates with the iconic symbol, creating a cohesive and visually appealing logo. Distinctiveness: Strive for a logo that stands out in the world of F1 racing, emphasizing the class and elegance associated with top-tier racing without directly imitating any specific brand. Remember, the goal is to create a logo that captures the sophistication of F1 racing without infringing on existing trademarks. Focus on unique elements that set ACE Racing apart in the world of high-performance motorsports.