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It had been the main competitor of Matchbox until 1997, when Mattel bought Tyco Toys, then-owner of Matchbox.
Even though Hot Wheels were originally meant for kids and young adults, so they’ve become popular with mature lovers, for whom limited edition models are currently made available.
Racing track set
Along with the cars themselves, Mattel produced a racing track record (sold individually). Even though it would be upgraded during the years, the first track consisted of a string of brightly colored orange street segments (pieced together to form an oblong( circular race track), using a single (or two) “super walkers” (faux service channels through which cars passed onto the tracks, featuring battery-powered spinning wheels( which would propel the cars along the paths).
Through time, Hot Wheels cars have been collected mostly by children, but at the previous 15 years[vague] there has been a rise in the amount of adult collectors. Mattel estimates that 41 million kids grew up playing with the toys, the average collector has over 1,550 automobiles, and children between the ages of 5 and 15 have a mean of 41 cars. Most consider the collecting trend began with this Treasure Hunts at 1995. Mike Strauss was called the father of Hot Wheels amassing; he has organized two collectors’ occasions annually in some form since 1986. The first event was the yearly Hot Wheels Collectors Convention, usually held each year at the autumn. The conference happened in a variety of locations around the nation before 2001, once the first Annual Hot Wheels Collectors Nationals was assembled together. Ever since that time, the Conventions are held each year in southern California. The Hot Wheels Collectors Nationals rotate among cities outside of California throughout the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and has been among the very first to combine collectors all over the world. He also writes the Tomart’s Guide To Hot Wheels, a book listing history, auto descriptions and values, which can be used by virtually every collector to learn more about the hobby along with their collection. Strauss sold his collection in 2011 and retired in the Hot Wheels Newsletter.
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