- Stanley Black & Decker Inc. (NYSE: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.
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