This is a QDI motherboard. In the BIOS there is anoption to display or not display the logo - so the BIOS has been changed if the picture now displays.
To examine the drive properly, you should download the relevant diagnostic program from the hard drive manufacturers site - this will tell you whether it's working or not - it may simply have something like a corrupt boot sector. This may be curable with a "zero-fill" which rewrites the whole drive back to "factory" condition. This is only worth doing if the diagnostic can see the disk, and it passes the test - otherwise it's a write-off.