Stumbled upon this link, nothing to confirm the story but found it interesting.
Courtesy of CycleEXIF
Dancelli Lo-Pro | Cycle EXIF
The story of the Italian racing bicycle is convoluted and incestuous, with enough twists and turns to make the Stelvio Pass look like a Roman road in comparison. Michele Dancelli is an Italian racer who is at the center of a fascinating chapter: the origin of Colnago’s ‘Ace of Clubs’ logo.
There are numerous versions of the story, but each mention Dancelli and his 1970 Milan—San Remo victory aboard a Colnago. The win broke a drought for Italy and Ernesto was roused to immortalize the occasion by establishing a new logo for his business.
However, whether he was inspired by the springtime flowers of San Remo, the Dancelli family crest (which bears a clover), or the Gazzetta dello Sport reporter Bruno Raschi and his colorful dissertation of the event, is another discussion.
Logos and brands aside, the strength of these marques is the name of the man behind them. Dancelli frames may be lesser-known, but they are equally as fascinating as a Colnago, if not more.
(Also, dig the Gipiemme Crono parts. By chance if anyone has junk or parts of these pedals, I need a toe clip cage and right side axle shaft cover.)