The earlier "cursive" style has white lacing on the spokes.
@Strato102,
I stand corrected on the Italvolanti logo! I suppose I should have looked!
Mine has cursive on the spokes. I went back and forth on stitch color, and intentionally went with black. My reasoning was that since most wheels have black stitching, white stitching would "appear" to be incorrect. Carpentry has taught me that in certain instances, “appearing” correct is better than being “actually” correct.
Also, as I have noticed with my Alpina wheel, the wheel restitched in white is rather stark, and takes away from the look of the wheel. I actually plan to rub some dirt into the stitching on my Alpina to age it a bit.
Another note on stitching, I have also found factory examples with bronze stitching.
Here is mine - cursive. I didn't make the association between the logo and the stitch color. Thank you for the lesson!