Without a doubt that is the ugliest swingarm ever!!!! You spend upwards of 25/26 thousand for a Panigal3 V4 and it comes with a hideous looking swingarm.
https://www.msn.com/en-us/autos/news/the-2025-ducati-panigale-v4-s-in-photos/ss-BB1qJJ3M?ocid=msedgdhp&pc=U531&cvid=5ca94c36d2114804a9779645443fe116&ei=17#image=3
The tail piece is too high and pointed, it looks like a wasp or something.
And winglets on anything other a full on race bike? Please...
https://www.youtube.com/watch?v=438Opa7XXSo
(brilliant piece of work that vid)