Color is not claimed as a feature of the mark.
The mark consists of three wave-like lines, the first suggesting the rear, roof, and windshield; the second suggesting the front quarter panel and hood; and the third suggesting a door; in each case of a sports car, with the word "VELOCITY" in italics appearing underneath such lines, so as to suggest forward movement, and the word "MOTORSPORTS" in non-italics appearing beneath "VELOCITY".