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It was the primary competitor of Matchbox until 1997, when Mattel purchased Tyco Toys, then-owner of Matchbox.
Many auto manufacturers have licensed Hot Wheels to make scale models of the cars, permitting the use of first design blueprints and detailing. Though Hot Wheels were originally intended for kids and young adults, they’ve become popular with mature collectors, for whom limited edition versions are now made accessible.
Racing track Collection
Besides the cars themselves, Mattel produced a racing track set (sold separately). Though it could be upgraded throughout the years, the first track consisted of a series of brightly colored orange road segments (pieced together to form an oblong( circular race track), together with one (or sometimes two) “super chargers” (faux service stations by which cars passed onto the paths, featuring battery-powered spinning wheels, which would propel the cars along the tracks).
During time, Hot Wheels cars are gathered mostly by children, but in the last 15 years[vague] there’s been a rise in the number of adult collectors. Mattel estimates that 41 million kids grew up playing with all the toys, the average collector has over 1,550 cars, and children between the ages of 5 and 15 have a mean of 41 cars. Most believe the collecting trend began with this Treasure Hunts at 1995. Mike Strauss was known as the father of Hot Wheels amassing; he’s organized two collectors’ occasions annually in some form since 1986. The very first event was the yearly Hot Wheels Collectors Convention, usually held every year at the fall. The conference happened in a variety of locations around the country until 2001, when the first Annual Hot Wheels Collectors Nationals was placed together. The Hot Wheels Collectors Nationals rotate one of cities out of California during the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and was among the very first to combine collectors all around the world. In addition, he writes on the Tomart’s Guide Into Hot Wheels, a book listing history, car descriptions and worth, which can be used by almost every collector to learn more about the hobby along with their collection. Strauss sold his collection from 2011 and retired from the Hot Wheels Newsletter.
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