Step #1
Start the tutorial work by drawing triangle like shape & line in the middle as shown.
Step #2
Draw outline for logo shape as shown.
Step #3
Draw outline for inner shape of the logo as shown.
Step #4
Draw lines at the top side of the logo as shown.
Step #5
Make outline for face & arms of the horse.
Step #6
Make hairs & legs of the horse.
Step #7
Make tail & write S & F at the bottom of logo shape as shown.
Step #8
Finally, make necessary improvements to finish.