The image shows a flag with several elements. The flag has a blue background with white text and a logo. The text on the flag reads "FLYING SYDNEY" at the top, followed by "LINE HONOURS WINNER" in larger font below it. The flag also features a stylized emblem or logo in the center, which appears to be a stylized bird or a similar figure. The flag is displayed outdoors, as indicated by the sunlight and shadows visible in the image.