Creating a spinoff of Republican to Trump/Patriot/whatever party would only be splitting the existing supporters so the likely only option for success would be a coalition of those parties and they still need to win over 50%+ of the electorate. If the Biden presidency manages to make proposed changes to the electoral college the Republican party cannot afford to have a split as they haven't managed to win the popular vote in the last 2 elections.
They need to rid themselves of Trump and trumpism in order to win over the populace.
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