Stanley Black & Decker Becomes Official Tools And Storage Partner Of McLaren Formula 1 Team

Stanley Black & Decker Inc. SWK announced a multi-year partnership to become the Official Tools and Storage Partner of McLaren Racing’s Formula 1 team.
Stanley Black & Decker will support the McLaren Formula 1 team at and away from the track by outfitting the team with its range of tools. The partnership will include engagement events.
Stanley Black & Decker brand DEWALT will be visible on the rear wing endplates of the McLaren MCL35M race cars and the racesuits of McLaren F1 drivers, Lando Norris and Daniel Ricciardo.
Price action: SWK shares closed lower by 0.53% at $205.96 on Wednesday.

Overview Rating:

Speculative

0100