I can't say for sure, your image is too small for me to see. Kinda looks like it.
I have been thinking about this. I am guessing, that there is an issue with the wiring or one of the safety switches, and the PO ran a wire (BLK ???) from the S terminal on the Ignition Switch directly to the Starter Solenoid, thus bypassing the safeties.
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Roland Bedell
CC Models: 100, 105, 1450, 782, (2) 784, & 2072
Buy: Made in the USA 