What is the make of this PreWarCar in Argentina?

The image corresponds to the cars participating in the 1912 race, disputed between the cities of San Jorge, Carlos Pelegrini and Rafaela among others. Apparently it is the first race carried out in the interior of the country. A Scat, a Bianchi and three NSU participated that finished in the first 3 places. A brand that is not widely used in the country, so the participation of three copies of the brand is a rarity. The details of the competition are perfectly related in the following link. So the photo Sergio sends is surely one of the vehicles sold in San Jorge by the Luis Berchs dealer.

http://amigosdelnsu.blogspot.com/2011/08/cuando-rugieron-los-motores-en-nuestra.html

First thought of course was Pipe, because of the characteristic elevation of the radiator shell at the top. However, the German body style leads to NSU, the German license holder of Pipe. Indeed it is a ca 1911-1912 NSU. The emblem is difficult to read unless you take a look at how it should look like.