Just put something else (tape.. a sticker..) over it like Rennick did for his IRO. Obviously it's a lot easier to match black to black than red to red, but I'm sure you'll figure something out. There are some annoying decals under the clearcoat of my Bianchi, too.

ps. wow, it's POURING. I think it's time to take my 'well loved' Hutchinson Pirhana off the back of my MTB and go back to something knobbier if I want to ride in the Don this week.