I talked to one of the part owners of the Avenue last October when I was on The Gold Coast and I asked him if he would like me to do a car up for him for advertising purposes for when the Supercars go there in October this year.
Hey! Just a quick observation........whenever I work with any business, large or small, on a logo related advertising project, they can always provide me with a copy of the original logo file that's in a vector format. They would also be able to provide you with copies of professionally taken photos of the car. Have you asked them for the file or photos?
I don't think the guys are giving you the third degree, it just seems a bit suspicious that you would be here asking for a free edit on a LOGO for an advertising project that you set up with the part owner. As I stated above, they should be able to provide you with a copy of the original logo and high res photos of the car.
Also, when dealing with logo requests, whether anything could possibly come of it, logo edits do expose individual members to possible copyright infringements. Having stated this, there's nothing against our forum rules in this request. It's up to the individual members as to whether or not they want to participate.
If you are just wanting to do this for your own personal project, then I would be willing to offer you advice on how you could go about re-creating this logo using the shape tools in Ps. But I personally would not be willing to do this free edit for you.