It looked to me like an R and Tripper at the end, so I do't think I'm far off. If so, I definitely want to give it a go because the first one was good.
As for the colour, I agree with
@JCinFLA that it looks to be a racing red, Rosso Corsa. Love the look on a Ferarri ripping on a track
Also, found a pic with the old signature on the box so you can compare. Looks super close... think we have a new rip trippers hero