Model racing closed in 1987.
Q*ris, your generic is similar to Stratovox by MR (Taito licence), appeared in southern Italy two years ago and then disappeared immediately. This is the Marquee:
Zaccaria "The Invaders" (a great quality Cab..like all Zacc cab), very close to this and original too, it's a bootleg (and also the other famous, very different cab, Sidam "Invasion"... like many other bootleg
Right...probably MR is the official distribution of this game in Italy in 1979.
Another great capture, Frame!