I'll save you some time on this one...
It's wrong. Flat out wrong. It never had a red cowling, I promise you that. I've done a lot of research on that particular profile. It was a simple yellow-cowled plane. No 109F in any theater had a red nose like that. It's some mistake that a toy company made on a die-cast at some point and even got perpetuated by a model kit once upon a time, but has no real basis.
Aside from the cock's head emblem and the squadron leader chevron, Han "Assi" Hahn flew a plane that looked remarkably like this one already in-game:
His nose may have had all-yellow at one time, but there's another photo of it with this over-painted with camoflague:
As for the F-2, we have skins in-game that are F-2s so no problem there. There was an engine difference and a main gun difference. It had a 15mm MG151 in the nose, not the 20mm. It wasn't enough, though, and this was just a stop-gap until the 20mm version was ready. By the F-4 it was ready and the 15mm was replaced (for good reason!).
EDIT: The non-overpainted plane looked more like this:
EDIT2: P.S. Re-reading this I think I might have come off as a little harsher than I really intended. Sorry if that is the case. This red 109F is a bit of a sore spot for me. I was busy looking into that thing for a long long time a few years back. I really really wanted it to exist, but alas all records indicate yellow was the color.