Italy I is now Arditi, with the in-game tag ITA_Arditi and the motto "!Fulmineo come l'aquila,forte come il leone!"
###EDIT###
Also, a banner-pack is being worked on currently (thanks to IG Archivist!). The general concept is that each country will have a banner, which to look good will sometimes include the country's Coat of Arms laid over the flag. This means that every team will have a banner they can use; additionally each team can submit their own banners to the banner-pack and - so long as they look good and are related to the team's name, country or w/e - they can be added to the banner-pack. This will ensure that teams which don't decide to submit their own banner will still have one they can use.
###EDIT###
Also, a banner-pack is being worked on currently (thanks to IG Archivist!). The general concept is that each country will have a banner, which to look good will sometimes include the country's Coat of Arms laid over the flag. This means that every team will have a banner they can use; additionally each team can submit their own banners to the banner-pack and - so long as they look good and are related to the team's name, country or w/e - they can be added to the banner-pack. This will ensure that teams which don't decide to submit their own banner will still have one they can use.