The truth about the demise of Geico Honda?

jathey
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jathey
Edited Date/Time 10/17/2020 11:05am
Just saw this on facebook. True or bs?
https://www.facebook.com/936632809689358/posts/3683068291712449/
Read the comments from Callum Swan and the replies.
Please don't shoot the messenger here. I just started reading the comments and was like wtf? Personally, I don't think anyone 'steals' anything in business. Better deals are made and there are winners and losers. It makes more sense to me to think that a company might use a rider or team as a launching point to eventually become a series sponsor and reach a greater audience, but I don't know the ins and outs of sports sponsorship dealings, so I will leave that to those that do.
If this is prohibited territory, the discussion can just go back to Cianciarulo's gear or what color google lenses everyone uses.
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TeamGreen
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TeamGreen 10/14/2020 7:37pm
10/14/2020 7:37pm
Hold on...I gotta go make some popcorn....
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scootch
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scootch 10/14/2020 7:40pm
10/14/2020 7:40pm
Yikes. Not a good look for MX Sports and Feld
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Rocket88
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Rocket88 10/14/2020 7:42pm
10/14/2020 7:42pm
You need some butter? Asking for a friend.
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Brent
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Brent 10/14/2020 7:54pm
10/14/2020 7:54pm Edited Date/Time 10/14/2020 7:56pm
I guess we will find out next year if Geico re-allocated its budget, but whoever that guy is he doesn't seem too credible with his 4th grade spelling and punctuation. For God's sake kids, pay attention in school.

...and even if they did, it's their business to spend where they see fit.

If I was Geico and I had to deal with that Grondahl wingnut I might have second thoughts too...
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BrysonP204
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BrysonP204 10/14/2020 7:57pm
10/14/2020 7:57pm
He says a friend of his’s dad is one of the owners, and on the text thread looks to be initials EG...Grondahl...👀



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8tensolutions
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8tensolutions 10/14/2020 8:03pm
10/14/2020 8:03pm Edited Date/Time 10/14/2020 9:32pm
jathey wrote:
Just saw this on facebook. True or bs? https://www.facebook.com/936632809689358/posts/3683068291712449/ Read the comments from Callum Swan and the replies. Please don't shoot the messenger here. I just...
Just saw this on facebook. True or bs?
https://www.facebook.com/936632809689358/posts/3683068291712449/
Read the comments from Callum Swan and the replies.
Please don't shoot the messenger here. I just started reading the comments and was like wtf? Personally, I don't think anyone 'steals' anything in business. Better deals are made and there are winners and losers. It makes more sense to me to think that a company might use a rider or team as a launching point to eventually become a series sponsor and reach a greater audience, but I don't know the ins and outs of sports sponsorship dealings, so I will leave that to those that do.
If this is prohibited territory, the discussion can just go back to Cianciarulo's gear or what color google lenses everyone uses.
Even if they did "steal" the sponsor $, that just means Geico felt their money was better spent on a broader scale. No different that you having to perform to keep your job, sponsorship works the same.
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YZ324
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YZ324 10/14/2020 8:04pm
10/14/2020 8:04pm
Wow! Follow the $$. Shouldn’t be too hard to see exactly what’s going on.
1911
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1911 10/14/2020 8:05pm
10/14/2020 8:05pm
Geico pulled out of NACAR too, did MX Sports and Feld steal GEICO NACAR money too? LaughingLaughing
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Dimblewambie
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Dimblewambie 10/14/2020 8:07pm
10/14/2020 8:07pm
From the outside looking in, it simply looks like a disgruntled family member with a seriously biased view. Given the fact geico pulled their funding from both the FC Honda team and the NASCAR team they sponsored I seriously doubt this all relates to Feld and MXsports saying give us more money geico! Hell it probably doesn’t have anything to do with the other owners Twitter rants against geico either.

Does “EG” blame Pastrana for stealing Geico money since he hopped in miss Geico earlier this year as well?
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zehn
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zehn 10/14/2020 8:08pm
10/14/2020 8:08pm
CraigCrashes wrote:
Dude needs to start dropping names or STFU.
Yes the second one
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zehn
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zehn 10/14/2020 8:18pm
10/14/2020 8:18pm
Dimblewambie wrote:
From the outside looking in, it simply looks like a disgruntled family member with a seriously biased view. Given the fact geico pulled their funding from...
From the outside looking in, it simply looks like a disgruntled family member with a seriously biased view. Given the fact geico pulled their funding from both the FC Honda team and the NASCAR team they sponsored I seriously doubt this all relates to Feld and MXsports saying give us more money geico! Hell it probably doesn’t have anything to do with the other owners Twitter rants against geico either.

Does “EG” blame Pastrana for stealing Geico money since he hopped in miss Geico earlier this year as well?
Don't let the facts get in the way of a good story bro
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Motoxdoc
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Motoxdoc 10/14/2020 8:31pm
10/14/2020 8:31pm
So it sounds like Geico is still involved in putting money into our sport?...cool!.
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burn1986
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burn1986 10/14/2020 8:36pm
10/14/2020 8:36pm Edited Date/Time 10/14/2020 8:48pm
I don’t know how any of these teams, much less the industry, makes any money doing this.
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1911
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1911 10/14/2020 8:37pm
10/14/2020 8:37pm
Looks like MX Sports and Feld need to go after some of the MLB money too.


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early
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early 10/14/2020 8:40pm
10/14/2020 8:40pm
Thought I heard weege say on one of the review shows that geico was pulling their sponsorship from the nationals too. No more 15 minutes to go shout outs.
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Racing Ron
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Racing Ron 10/14/2020 8:41pm
10/14/2020 8:41pm
On one of the NASCAR broadcasts recently they mentioned new management at Geico = new direction.
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150ripper
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150ripper 10/14/2020 8:42pm
10/14/2020 8:42pm
Damn I’m sure loads up companies are going to line up to go into business with daddy and junior now.
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Brtp4
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Brtp4 10/14/2020 8:43pm
10/14/2020 8:43pm
danzig138 wrote:
10+ pages
It's not the amount, but the density that hurts.

BP
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yzf162
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yzf162 10/14/2020 8:47pm
10/14/2020 8:47pm
With mx promoters previously doing this as recent a cbd sponsor and discount tire would it surprise anyone. Until someone builds a competing SX and MX that gives teams and riders more rights we as a sport will always be a sideshow paid sideshow money.
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KurtJ99
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KurtJ99 10/14/2020 8:48pm
10/14/2020 8:48pm
Yeah I wonder what the slowdown and uncertainties will do for the rest of the industry. If SX doesn’t get back on track by March (I can’t see January happening) what will get hit next. Geico and other insurers have been giving money back due to reduced driving and I can’t imagine they are keeping the same profit dollars.
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omalley
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omalley 10/14/2020 8:50pm
10/14/2020 8:50pm
Not sure if true or not in this case, but it wouldn’t be the first time Feld hijacked sponsor money. Just ask Reed.


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dirtworldmx 10/14/2020 9:01pm
10/14/2020 9:01pm Edited Date/Time 10/14/2020 9:04pm
Drove through Sturgis tonight and the old Buffalo Chip billboards are still out from August. Promoted by Geico. Almost brought a tear.

Not sure of anything these days, but the economic hurt coming down soon may be bigger than our beloved motorcycle races.

Godspeed Geico
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Spudnut
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Spudnut 10/14/2020 11:50pm
10/14/2020 11:50pm
1911 wrote:
Looks like MX Sports and Feld need to go after some of the MLB money too. [img]https://p.vitalmx.com/photos/forums/2020/10/14/454240/s1200_F07E58DA_517B_4D95_AC37_0F870E785DA6.jpg[/img]
Looks like MX Sports and Feld need to go after some of the MLB money too.


Bastards!!
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philG
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philG 10/15/2020 1:41am
10/15/2020 1:41am
Brent wrote:
I guess we will find out next year if Geico re-allocated its budget, but whoever that guy is he doesn't seem too credible with his 4th...
I guess we will find out next year if Geico re-allocated its budget, but whoever that guy is he doesn't seem too credible with his 4th grade spelling and punctuation. For God's sake kids, pay attention in school.

...and even if they did, it's their business to spend where they see fit.

If I was Geico and I had to deal with that Grondahl wingnut I might have second thoughts too...
He is more credible than you will ever be.

And its not like there isnt a history of this type of things happening.
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Chris99Flannery 10/15/2020 2:33am
10/15/2020 2:33am Edited Date/Time 10/15/2020 2:35am
Brent wrote:
I guess we will find out next year if Geico re-allocated its budget, but whoever that guy is he doesn't seem too credible with his 4th...
I guess we will find out next year if Geico re-allocated its budget, but whoever that guy is he doesn't seem too credible with his 4th grade spelling and punctuation. For God's sake kids, pay attention in school.

...and even if they did, it's their business to spend where they see fit.

If I was Geico and I had to deal with that Grondahl wingnut I might have second thoughts too...
Dont like this attitude in our sport.
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RalphS
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RalphS 10/15/2020 4:23am
10/15/2020 4:23am
Yup that's def the reason, very reliable source with objective analysis and truthful information aka a FB post with a capture.
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