Help To Make This A 3D Spinning Logo

[handrawn]

make sure that the copy is selected [not the original] and from the utilities menu click bitmap tracer

a dialog box will open - set it as per the attached and then click trace and then click insert

youi should now have a group of vector shapes - ungroup this and use the ones you want

the text may be a little rough round the edges when zoomed in as your original is low resolution [Gary's point]