Thanks for comments.
The Macchi 202 drive is a license Daimler Benz DB 601 engine, produced in Italy as Alfa Romeo R.A.1000 R.C.41
The inscription on the hood commemorates the Italian fighter ace of World War I - Francesco Baracca. His personal emblem was a black horse, standing on two hind legs, which was also used by Enzo Ferrari as a sign of the Scuderia Ferrari (!).