>>461688
Letter spacing is definitely far better, but now the name is too big for the badge shape and looks crowded where those two elements are closest. That kind of crowding is a very, very common mistake because it's counterintuitive to the idea that bigger has to be better, more readable, more impressive, etc. In fact, a well balanced composition is most effective both for practical matters like readability and reproduction, and also for aesthetics. There might be situations where a less refined or even amateur DIY "quickie" graphic design and layout would be appropriate, but this job isn't one of them if you want it to look realistic.

For that reason I'd still rethink the (also too big/ crowded here) monogram since it doesn't follow the rules of how and why monograms are created but just apes the backwards letter thing Bugatti did. The brilliance of his is that even with the letter backwards you still get that it's his initials, there's really no reason why someone named "Zenvetti" would choose the V as part of a monogram.

Otherwise it's better in that it shows more design thought and that you are willing to try different stuff, which is really how to get results. Still don't like the black outline, it doesn't really add anything visually and in the real world you'd be paying extra to print it....a thin white border line slightly inside the outside dimensions of the badge shape like picrel would be better, just give the other elements plenty of room to breathe.