The arrow behind the text imo replaces the italic racing theory thing u said tho making it italic would be great.... italicizing it will make the font thiner.... so i could not place the round brass strokes
The arrow and the X are nice and dynamic and the text looks cool but it's static since it's not italic and simply fat.. I did a quick skew on the text to get the idea a bit and in my opinion it feels more like racing:
The effect on the A is under Filter, Stylize, Wind but I'm having second thoughts about that effect.. The logo is 'quicker' with it but it shouldn't be too complex, hard to call.