The suit pays homage to classic Marvel Villain The Crimson Cowl. Who first appeared in Thunderbolts #3 (June 1997), but clearly with a Spider-Man flare. The suit consists of a Leather Jacket similar to Peter Parker's Last Stand Suit, while staying closer to a Super Hero, very MCU-type design. Unlike the Classic Suit, its color scheme is primarily red.
The suit is partially inspired by the Crimson Cowl suit worn by Justine Hammer who first appeared in Thunderbolts #3 (June 1997).