Sevi, Very nice work. However, logo needs to include the phrase "35 Under 35", not "SEMA news". I apologize for not making that clear--sorry! Otherwise, you are right on target with the red oval design, so I would love to see a similar version based on "35 Under 35".
Sevi, Can you give me a version of your logo now ranked #1 that would work without being reversed out of black? I think a white background would be more useful if we need to use the logo on a trophy or as a bug.