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Photos and rumours of QPR's New badge have been on the various QPR messageboard.
According to Vital QPR..."The prospective new logo has been filed for trademark as of 30th January 2008 by QPR Holdings Limited. It sports a royal crown, accompanied by blue and white hooped shield, depicting the words Queens Park Rangers...." Vital QPR
UPDATE
As noted by a poster on another QPR messageboard (QPR Fanzine), a link
to the Intellectual Property Office (IPO) shows the QPR crest IPO
See - The logo/Crests I and Logo/Crests II
Trade mark details as at 22 April 2008
Case details for Trade Mark 2478532
"....Names and addresses
Proprietor:
QPR Holdings Limited
Loftus Road Stadium, South Africa Road, London, W12 7PA
Case History