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It had been the key competitor of Matchbox before 1997, when Mattel bought Tyco Toys, then-owner of Matchbox.
Many automobile manufacturers have licensed Hot Wheels to make scale models of their cars, permitting using original design blueprints and detailing. Although Hot Wheels were initially intended for children and young adults, they’ve become popular with mature lovers, such as limited edition versions are currently made available.
Racing track set
Besides the cars themselves, Mattel made a racing track record (sold separately). Even though it would be upgraded throughout time, the first trail consisted of a collection of brightly colored orange street segments (pieced together to make an oblong( circular race track), using a single (or sometimes two) “super hitter” (faux service channels by which cars passed onto the paths, featuring battery-powered spinning wheels( which could propel the cars along the paths).
Through time, Hot Wheels cars are collected mostly by children, but at the last 15 years[vague] there’s been a growth in the number of mature collectors. Mattel estimates that 41 million children grew up playing with the toys, the ordinary collector has over 1,550 cars, and children between the ages of 5 and 15 have an average of 41 automobiles. Most believe the collecting trend began with this Treasure Hunts in 1995. Mike Strauss was known as the father of Hot Wheels amassing; he has arranged two collectors’ events annually in some sort since 1986. The first event was the Annual Hot Wheels Collectors Convention, generally held each year in the fall. The convention occurred in various locations around the nation before 2001, when the very first Annual Hot Wheels Collectors Nationals was set together. The Hot Wheels Collectors Nationals rotate one of cities out of California through the spring. Strauss has also published the quarterly Hot Wheels Newsletter since 1986 and has been one of the first to unite collectors all over the world. In addition, he writes on the Tomart’s Guide To Hot Wheels, a publication listing history, automobile descriptions and worth, which is used by virtually every collector to learn more about the hobby and their own collection. Strauss sold his collection from 2011 and retired from the Hot Wheels Newsletter.
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