UPDATE: Germain Racing has confirmed that GEICO will not return to the team in 2021.
Germain Racing confirms Geico has told team it won't return to sponsor No. 13 car in 2021. Team has said with no sponsor signed, it's exploring sale of team. My understanding is Geico won't sponsor any team in NASCAR (and possibly other motorsports) in 2021. Series deal remains.
— Bob Pockrass (@bobpockrass) September 5, 2020
ORIGINAL POST 9-1-2020: In response to rumors that began Monday on the future of Germain Racing, the team has issued the following statement:
“At this time, anything is on the table. Germain Racing does not have a signed sponsorship contract for 2021 and Bob Germain is exploring conversations for a potential sale.”
Ty Dillon and GEICO signed a multi-year extension with the team in 2017. GEICO’s contact is up at the end of this season and has not been renewed yet.
This year, GEICO joined Busch Beer, Coca-Cola and XFINITY as premier sponsors of the NASCAR Cup Series. GEICO is currently the Official Insurance Provider of NASCAR.