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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, allowing using first layout blueprints and detailing. Even though Hot Wheels were initially meant for children and young adults, so they have become popular with mature lovers, such as limited edition models are currently made available.
Racing track set
In addition to the cars themselves, Mattel produced a racing track record (sold individually). Although it could be updated throughout time, the initial trail consisted of a string of brightly colored orange street segments (pieced together to make an oblong( circular race track), together with one (or two) “super hitter” (faux service stations through which cars passed on the tracks, featuring battery-powered spinning wheels( which would propel the cars across the tracks).
During time, Hot Wheels cars have been gathered mostly by children, but at the past 15 years[vague] there’s been a growth in the number of mature collectors. Mattel estimates that 41 million kids grew up playing with all the toys, the typical collector has over 1,550 automobiles, and kids between the ages of 5 and 15 have an average of 41 automobiles. Most believe the collecting trend started with the Treasure Hunts at 1995. Mike Strauss was known as the father of Hot Wheels collecting; he has organized two collectors’ events annually in some sort since 1986. The very first event was the Annual Hot Wheels Collectors Convention, usually held every year in the autumn. The convention happened in various locations around the nation before 2001, when the first Annual Hot Wheels Collectors Nationals was put together. Ever since then, the Conventions are held every year in southern California. The Hot Wheels Collectors Nationals rotate one of cities out of California throughout the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and has been one of the very first to combine collectors all over the world. He also writes the Tomart’s Guide Into Hot Wheels, a book listing history, automobile descriptions and values, which is used by nearly every collector to learn more about the hobby and also their own collection. Strauss sold his group in 2011 and retired from the Hot Wheels Newsletter.
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