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It was the key competitor of Matchbox until 1997, when Mattel purchased Tyco Toys, then-owner of Matchbox.

Many automobile manufacturers have licensed Hot Wheels to make scale models of their cars, allowing using original layout patterns and detailing. Although Hot Wheels were initially intended for kids and young adults, they have become popular with adult lovers, for whom limited edition models are currently made accessible.

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Racing track Collection

Along with the cars themselves, Mattel produced a racing track record (sold separately). Even though it would be upgraded throughout the years, the first track consisted of a collection of brightly colored orange road segments (pieced together to form an oblong( circular race track), using a single (or two) “super hitter” (artificial service channels by which cars passed onto the tracks, featuring battery-powered spinning wheels( which would propel the cars across the paths).

Through the years, Hot Wheels cars have been gathered mostly by children, but in 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 ordinary collector has over 1,550 automobiles, and children between the ages of 5 and 15 have a mean of 41 cars. Most believe the collecting craze began with this Treasure Hunts at 1995. Mike Strauss was called the father of Hot Wheels amassing; he has arranged two collectors’ occasions annually in some form since 1986. The very first event was the Annual Hot Wheels Collectors Convention, normally held each year in the autumn. The conference occurred in a variety of locations around the nation before 2001, once the very first Annual Hot Wheels Collectors Nationals was set 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 one of the first to combine collectors all over the world. In addition, he writes the Tomart’s Guide Into Hot Wheels, a book listing history, car descriptions and worth, which can be used by almost every collector to find out more about the hobby and their collection. Strauss sold his collection from 2011 and retired from the Hot Wheels Newsletter.

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