Flatout KartsLogo Design Contest

We are a kart racing team. We do professional karting and run a full race team outfit. We currently have a designed word of Flatout but we need a logo or emblem!

All the colours included in my reference images
Light blue
Dark blue
Yellow
White

We would like to incorporate the F from the current logo to make an emblem. No acronym works with our brand as they are FK, FO, FOR and many others that all seem to come across a little incorrect. We want just the F and we are trying to keep unity between the current logo and this new emblem. We would like to base the colours off our tent designs and new sticker kit designs. We are thinking it would look good with just the F, the three main colours around the border and potentially the word Flatout in the main stem of the F. Try different things, you can try other stuff around the outside of the F maybe in a circle. We are open to anything!
This logo will be used on the front of our shirts and anywhere we need just an emblem! Unfortunately our current logo doesn’t stand out as we have to have it pretty small being a word. This is a competitive sport and we need to be standing out