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It had been the primary competitor of Matchbox before 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 first layout patterns and detailing. Even though Hot Wheels were originally meant for children and young adults, so they have become popular with adult lovers, for whom limited edition versions are currently made available.
Racing track set
Along with the cars themselves, Mattel made a racing track set (sold individually). Even though it could be upgraded throughout the years, the initial track consisted of a string of brightly colored orange street sections (pieced together to form an oblong, circular race track), together with a single (or occasionally two) “super hitter” (faux service channels by which cars passed on the paths, including battery-powered spinning wheels, which would propel the cars along the tracks).
Through the years, Hot Wheels cars are gathered mostly by kids, but at the last 15 years[vague] there has been a growth in the amount of adult 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 has been known as the father of Hot Wheels collecting; he has organized two collectors’ events each year in some form since 1986. The first event was the yearly Hot Wheels Collectors Convention, usually held every year in the autumn. The conference occurred in various locations around the country until 2001, when the first Annual Hot Wheels Collectors Nationals was assembled together. Since then, the Conventions are held every year in southern California. The Hot Wheels Collectors Nationals rotate one of cities outside of California throughout the spring. Strauss has also published the quarterly Hot Wheels Newsletter since 1986 and has been one of the first to unite collectors all over the world. He also writes on the Tomart’s Guide Into Hot Wheels, a book listing history, automobile descriptions and worth, which can be used by virtually every collector to find out more about the hobby and their collection. Strauss sold his group from 2011 and retired from the Hot Wheels Newsletter.
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