NYSE:AAPSpecialty Retail
Advance Auto Parts Extends NASCAR Deal As Investors Weigh Turnaround Story
Advance Auto Parts renewed its partnership with Team Penske and NASCAR Cup Series champion Ryan Blaney for upcoming NASCAR seasons.
The agreement keeps Advance Auto Parts branding on the No. 12 Ford Mustang and at key NASCAR events.
The deal includes planned in store appearances and fan engagement events featuring Ryan Blaney.
For investors watching NYSE:AAP, this renewed motorsports partnership comes with the stock trading at $51.57. Shares are up 9.6% over the past week, 32.6% year to...