Hey their CreepyPT,
I kinda got to agree with both Crewzin, and Mean Green on this one. I think I would probably go with #4 but make the letters about 2 - 3 sizes smaller.
Then maybe if it were my project, I might look at maybe keeping the staggered PT, but changing up the second Font "Cruiser" with more of a brush script more like a race car team logo feel to it. That's just my taste. If I had some more time on it I could do up a Mock-up to show you what I mean, but since you already got the material than I say, its now time to go ahead and do it to it. So again #4 but smaller.
Best of luck on your decision, and remember, we love Pic's!
Go easy,
Candyman