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100% my immediate thought, even has Pirelli vibes with that oval over the text! Can't be accidental surely?
Wading in the bib shorts chat, I'm going to riff off @snoops suggestion of Sportful, have a pair of Fiandre bib shorts (the pad is the TC Pro) and they're extremely well made and comfortable. Currently also looking at another pair of summer shorts and Sportful are high on my list as well.
without a bike in the pic, looks even more like shrunken inter milan kit