The same thing happened to the SRT8 badge on my rear spoiler. It is caused by the paint not adhering to the chrome metal. I touched it up with "Gloss Sunrise Red" Rust-O-leum paint, but I expect it to peel, again, in the future. The paint was a near perfect match. Another option, other than buying a new one, is to buy some red vinyl tape and trim around the R/T outline with an X-Acto knife.