I was going to suggest Plasti-Dip as well. Masking off the brake track would be the hardest thing to do in your case. You could just spray the nips and spokes and then peel it off the red one and it would be done. If you decide to do Plasti-Dip, look up DipYourCar on YouTube. They have several extremely informational videos on how to prep, spray, and maintain. To be honest, I don't mind the look of your wheels with the decals and then the red spoke. I think that wheels like that look good in motion and draw attention to the rider, for safety or for bling, whichever you choose.

Hood vents and the pony in the grille are dipped in this picture. Stuff holds up perfectly to Michigan winters as well as the blistering sun. Looks as good today as the day I sprayed it.