logo for VIP racing brand

I am looking for a modern logo for my VIP racing brand. I would like the logo to be text only and have a minimalist style. Please use white and red as the main colours for the logo. I like the formula one logo. . The ideal freelancer for this job should have experience in creating modern and minimalist logos. They should also have a strong understanding of color theory to create a visually appealing design. - Please see my website here: