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It was the main competitor of Matchbox before 1997, when Mattel bought Tyco Toys, then-owner of Matchbox.
Though Hot Wheels were originally meant for children and young adults, so they’ve become popular with adult lovers, for whom limited edition models are now made accessible.
Racing track set
Along with the cars themselves, Mattel produced a racing track record (sold separately). Though it could be updated during time, the original track consisted of a string of brightly colored orange road segments (pieced together to make an oblong, circular race track), using one (or occasionally two) “super walkers” (faux service channels through which cars passed on the tracks, including battery-powered spinning wheels, which could propel the cars across the paths).
Through time, Hot Wheels cars have been gathered mostly by kids, but at the past 15 years[vague] there has been a rise in the number of mature collectors. Mattel estimates that 41 million children grew up playing with the toys, the average collector has over 1,550 cars, and children between the ages of 5 and 15 have a mean of 41 automobiles. Most believe the collecting trend started with this Treasure Hunts at 1995. Mike Strauss was called 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 every year in the autumn. The convention occurred in various locations around the nation until 2001, once the very first Annual Hot Wheels Collectors Nationals was set together. The Hot Wheels Collectors Nationals rotate one of 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. In addition, he writes the Tomart’s Guide Into Hot Wheels, a book listing history, auto descriptions and worth, which can be used by virtually every collector to learn 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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