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It had been the main 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 the cars, permitting using initial design patterns and detailing. Although Hot Wheels were initially intended for kids and young adults, they’ve become popular with mature collectors, for whom limited edition models are currently made accessible.
Racing track Collection
Along with the cars themselves, Mattel produced a racing track set (sold individually). Even though it could be updated during time, the first trail consisted of a series of brightly colored orange street sections (pieced together to form an oblong( circular race track), together with a single (or sometimes two) “super chargers” (artificial service channels through which cars passed onto the tracks, including battery-powered spinning wheels, which would propel the cars along the paths).
During time, Hot Wheels cars have been collected mostly by children, but at the last 15 years[vague] there has been an increase 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 cars, and children between the ages of 5 and 15 have an average of 41 automobiles. Most consider the collecting craze started with the Treasure Hunts at 1995. Mike Strauss has been called the father of Hot Wheels collecting; he’s organized two collectors’ occasions annually in some sort since 1986. The first event was the yearly Hot Wheels Collectors Convention, generally held each year at the autumn. The convention happened in various locations around the nation until 2001, when the very first Annual Hot Wheels Collectors Nationals was assembled together. The Hot Wheels Collectors Nationals rotate among cities outside of California during the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and has been one of the first to unite collectors all around the world. He also writes on the Tomart’s Guide Into Hot Wheels, a publication listing history, auto descriptions and values, which can be used by virtually every collector to find out more about the hobby and their own collection. Strauss sold his group in 2011 and retired from the Hot Wheels Newsletter.
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