Geico Leaving The Sport?

Sr_Vet_Rider 8/29/2020 9:53pm
8/29/2020 9:53pm
stone881 wrote:
Maybe the Federal Reserve can sponsor them, they print a fresh trillion every month!
Now that’s a new idea ! Why not.... lol
6
Question
Profile picture for user Question
Posts
3178
Joined
6/26/2014
Location
FR
Question 8/30/2020 1:34am
8/30/2020 1:34am

Sad but not that surprising as Buffet's moves right now are very defensive.

Not cool as the sx seasons starts in only 4 months.

A page is turning for this team so I hope they find a good sponsor. They have a great package and the fact that Jett has already so many fans and that JMart is a title contender may help them to secure a long term deal.
1
1
tobz
Profile picture for user tobz
Posts
3891
Joined
3/5/2007
Location
Adelaide AU
tobz 8/30/2020 2:22am
8/30/2020 2:22am
Boomslang wrote:
Solid team putting in the results. I dont think they will have a problem finding a new sponsorship. Wish them well.
Just bad timing really in finding a company that wants to outlay big on a hobby sport
3
1
daemon616
Profile picture for user daemon616
Posts
2025
Joined
2/19/2012
Location
Euless, TX US
daemon616 8/30/2020 2:24am
8/30/2020 2:24am
Liquid I.V.
3

The Shop

See All »
Boomslang 8/30/2020 3:26am
8/30/2020 3:26am
Boomslang wrote:
Solid team putting in the results. I dont think they will have a problem finding a new sponsorship. Wish them well.
tobz wrote:
Just bad timing really in finding a company that wants to outlay big on a hobby sport
The timing may not be ideal but I think 4 months will be enough to pull the rabbit out of the hat.

They will have people working on it as we speak.
1
1
mxwells216 8/30/2020 5:12am
8/30/2020 5:12am
I just think the days of having 6 riders are over for that team. They will have to cut back to at least 4 I would imagine
3
kb228
Profile picture for user kb228
Posts
6154
Joined
1/31/2018
Location
Mansfield, OH US
kb228 8/30/2020 6:13am
8/30/2020 6:13am
Trojan Honda
4
1
SEE ARE125
Profile picture for user SEE ARE125
Posts
5668
Joined
3/28/2012
Location
TN US
SEE ARE125 8/30/2020 6:50am
8/30/2020 6:50am
-MAVERICK- wrote:
Wonder who will replace them. GEICO Honda gonna lose GEICO as title sponsor next year. Sucks they were informed this late. That was a great partnership...
Wonder who will replace them.

ti473 wrote:
Jake, from State Farm.
Heard they’re offering a gear deal too. Gonna be riding in khakis.
9
Chris_Buehler 8/30/2020 6:59am
8/30/2020 6:59am
str8line wrote:
White Claw or some other hard seltzer should go big.
Saw quite a bit of that swill being drank at the race yest LoL
1
2
Motoman79
Profile picture for user Motoman79
Posts
471
Joined
1/10/2014
Location
Phoenix, AZ US
Motoman79 8/30/2020 7:08am
8/30/2020 7:08am

9
1
bents
Profile picture for user bents
Posts
3374
Joined
12/31/2009
Location
CA
Fantasy
990th
bents 8/30/2020 7:10am
8/30/2020 7:10am
That has to be a big cheque to be a title sponsor for this team. First class in every way-loyal to injured riders, great developmental system, big roster. This team has done it right for a long time. I thought Geico always got tremendous value from this partnership. Too bad, they have been great for the sport for a long time.
8
olds cool
Profile picture for user olds cool
Posts
4179
Joined
1/17/2010
Location
Claremont, NC US
olds cool 8/30/2020 9:03am
8/30/2020 9:03am Edited Date/Time 8/30/2020 9:03am
What about Milwaukee power tools? They are the right color! Grinning
12
jeffro503
Profile picture for user jeffro503
Posts
27629
Joined
7/22/2007
Location
St Helens, OR US
jeffro503 8/30/2020 9:28am
8/30/2020 9:28am
I wonder if Geico will still sponsor the Nationals? Will we hear Weege say " Save 15% more on car or motorcycle insurance " at the 15:00 minute mark next year? Hopefully they don't leave the sport entirely.
2
JM485
Profile picture for user JM485
Posts
5795
Joined
10/1/2013
Location
Davis, CA US
JM485 8/30/2020 9:37am
8/30/2020 9:37am
It’s alright guys, 3DP Moto is going to step up and save this team. I just need sales to increase by about 50000% and we’ll be well on our way to a big logo on a factory rig Whistling
6
RalphS
Profile picture for user RalphS
Posts
975
Joined
2/26/2020
Location
North Hollywood, CA US
RalphS 8/30/2020 9:50am
8/30/2020 9:50am
Red Bull Honda?
2
2
yzf162
Profile picture for user yzf162
Posts
259
Joined
6/23/2020
Location
Grant Park, IL US
yzf162 8/30/2020 9:59am
8/30/2020 9:59am
I can think of 12 guys that have just under or at 2k a month in insurance with Geico that will find out about this and start looking to switch. I have full geico and geico owned company's for insurance and will be looking to switch house, 4 home vehicles, boat, jet ski, 5 commercial vehicles, 2 companys, and my bikes. Plus 1 condo rental and the renters have to have renter insurance which they always go with geico/Assurant at my suggestion. I know i could save about 20% splitting it up but im good supporting those that support the sport. Guess I'll have the office start shopping this week. My monthly insurance is over 1k a month. So that's that's roughly 20k a month lost or 240k a year I can't imagine their losing much money on this in terms of marketing and sponsorship. Is it a loss yes im sure it always is. But it should be sustainable.
16
2

Pit Row

See All »
The Moto Log
Profile picture for user The Moto Log
Posts
233
Joined
7/22/2019
Location
Land O Lakes, FL US
The Moto Log 8/30/2020 10:10am
8/30/2020 10:10am
Makes you wonder who's gonna be released from their contracts over there. Lawrence bros would fetch a high premium at this stage of the game I bet
2
DonM
Profile picture for user DonM
Posts
8450
Joined
4/1/2008
Location
US
Fantasy
802nd
DonM 8/30/2020 10:13am
8/30/2020 10:13am
Thanks Nostradamus.....
7
mxracer32
Profile picture for user mxracer32
Posts
1175
Joined
12/6/2007
Location
Charlotte, NC US
mxracer32 8/30/2020 10:51am
8/30/2020 10:51am
daemon616 wrote:
Liquid I.V.
Love that stuff. Great for motos and hangovers. Or motos while hungover. First time I used liquid iv was for a 24 hour charity bicycle ride. Been a fan since.
1
captmoto
Profile picture for user captmoto
Posts
5819
Joined
4/22/2009
Location
Rancho Cucamonga, CA US
captmoto 8/30/2020 11:14am
8/30/2020 11:14am
Brent wrote:
I buy Geico insurance products for my business, 8 commercial vehicles, 4 personal autos, 6 dirt bikes, and my home. I also use their sister company...
I buy Geico insurance products for my business, 8 commercial vehicles, 4 personal autos, 6 dirt bikes, and my home. I also use their sister company Guard for workman’s comp insurance.

If they really are leaving this sport, then it’s time for me to leave Geico. They have never been the most cost effective insurer, but I use them primarily because they are involved in motocross and Suoercross.

Hopefully Mr. Buffet hears his biggest cash cow is planning this, and tells Geico to reconsider losing a lot of off road enthusiasts ...
I couldn't get GEICI Ins. for my bike. Progressive either. Their quotes came back rejected since the VIN indicated a closed course competition bike. Plus they were too expensive.
2
2
Mike68
Profile picture for user Mike68
Posts
22
Joined
5/25/2018
Location
Fort Lauderdale, FL US
Mike68 8/30/2020 11:16am
8/30/2020 11:16am
All moto fans need to cancel their GEICO insurance and go elsewhere. Let GEICO see we are speaking with our wallets.
16
5
88FYNN88
Profile picture for user 88FYNN88
Posts
615
Joined
7/14/2020
Location
Jackson, NH US
88FYNN88 8/30/2020 11:27am
8/30/2020 11:27am
daemon616 wrote:
Liquid I.V.
mxracer32 wrote:
Love that stuff. Great for motos and hangovers. Or motos while hungover. First time I used liquid iv was for a 24 hour charity bicycle ride...
Love that stuff. Great for motos and hangovers. Or motos while hungover. First time I used liquid iv was for a 24 hour charity bicycle ride. Been a fan since.
I am a huge fan of Liquid IV. Best hangover cure. They also have some very rich people backing them. Demi Lovato, Kevin Hart, Kendall Jenner, Hailey and Justin Bieber, James Corden just to name a few. They could 100% afford this.
ML512
Profile picture for user ML512
Posts
16903
Joined
12/28/2008
Location
Wildomar, CA US
Fantasy
1498th
ML512 8/30/2020 11:37am
8/30/2020 11:37am
Mike68 wrote:
All moto fans need to cancel their GEICO insurance and go elsewhere. Let GEICO see we are speaking with our wallets.
They've supported the sport for about ten years now. On one hand, people are gonna pull out the pitch forks on the brand for leaving, but there's also the fact that they've pumped millions and millions into the sport for the past decade...how is that viewed in retrospect?

If brands coming into the sport see that their reputations will be burnt to the grown if they dare leave...they may shy away from being involved at all.
71
3
Donkey Kong 8/30/2020 11:39am
8/30/2020 11:39am
88FYNN88 wrote:
Could Bang Energy Drinks get into the game?
-MAVERICK- wrote:
Not impossible, but doubtful. Pepsi owns Rockstar and they're also the exclusive distributor for Bang Energy.
Why would that matter
MXMattii
Profile picture for user MXMattii
Posts
5015
Joined
3/6/2010
Location
BE
MXMattii 8/30/2020 11:41am
8/30/2020 11:41am
88FYNN88 wrote:
I am a huge fan of Liquid IV. Best hangover cure. They also have some very rich people backing them. Demi Lovato, Kevin Hart, Kendall Jenner...
I am a huge fan of Liquid IV. Best hangover cure. They also have some very rich people backing them. Demi Lovato, Kevin Hart, Kendall Jenner, Hailey and Justin Bieber, James Corden just to name a few. They could 100% afford this.
Kendall Jenner at Supercross races, I wouldn't mined...
6
1
Adam43
Profile picture for user Adam43
Posts
3307
Joined
8/16/2006
Location
WF
Adam43 8/30/2020 12:12pm
8/30/2020 12:12pm
I think the TV and broadcast rights are valuable enough to keep things from regressing to that level, but you may be directionally correct.

The Geico deal was struck based on racing in front of big stadium crowds. That is highly unlikely to be the reality for the next few years, and this is one of the first shows to drop for the teams.
1
3
chasetwo79
Profile picture for user chasetwo79
Posts
1575
Joined
12/1/2019
Location
Truckee, CA, CA US
chasetwo79 8/30/2020 12:35pm
8/30/2020 12:35pm
Mike68 wrote:
All moto fans need to cancel their GEICO insurance and go elsewhere. Let GEICO see we are speaking with our wallets.
ML512 wrote:
They've supported the sport for about ten years now. On one hand, people are gonna pull out the pitch forks on the brand for leaving, but...
They've supported the sport for about ten years now. On one hand, people are gonna pull out the pitch forks on the brand for leaving, but there's also the fact that they've pumped millions and millions into the sport for the past decade...how is that viewed in retrospect?

If brands coming into the sport see that their reputations will be burnt to the grown if they dare leave...they may shy away from being involved at all.
I get this sentiment totally, we don’t have to rage about it. It’s just business. However, they don’t get a free pass for pulling out. Their sponsorship dollars were contracts that have been fulfilled and that means the benefits of sponsoring are now fulfilled. They made a business decision and everyone else can too. Plus they are super overpriced and not the greatest company to deal with. I’m saying that as a current multi-policy owner for years.

The ideal situation is everyone thanks them for their support over the years then takes their money elsewhere to companies that aren’t as expensive. Geico realizes this and actually comes back to the sport down the line. No need for flame throwing a company and scaring them from ever coming back to the sport.
5
woody woodpecker 8/30/2020 12:40pm
8/30/2020 12:40pm
endurox wrote:
[img]https://p.vitalmx.com/photos/forums/2020/08/29/446857/s1200_1024px_McLaren_MP4_4_front_right_Honda_Collection_Hall.jpg[/img]

Imagine the aesthetics... Damn shame it will never happen
3

Post a reply to: Geico Leaving The Sport?