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It was the key competitor of Matchbox before 1997, when Mattel purchased Tyco Toys, then-owner of Matchbox.
Many auto manufacturers have licensed Hot Wheels to make scale models of their cars, permitting the use of first layout blueprints and detailing. Even though Hot Wheels were originally intended for children and young adults, so they’ve become popular with mature collectors, for whom limited edition versions are now made accessible.
Racing track set
Along with the cars themselves, Mattel made a racing track set (sold individually). Though it could be updated throughout time, the first track consisted of a series of brightly colored orange road segments (pieced together to make an oblong( circular race track), using one (or sometimes two) “super walkers” (artificial service stations through which cars passed on the tracks, featuring battery-powered spinning wheels( which could propel the cars across the tracks).
During the years, Hot Wheels cars are collected 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 typical collector has over 1,550 automobiles, and children between the ages of 5 and 15 have a mean of 41 automobiles. Most consider the collecting craze began with this Treasure Hunts at 1995. Mike Strauss has been called the father of Hot Wheels collecting; he has arranged two collectors’ events annually in some sort since 1986. The first event was the Annual Hot Wheels Collectors Convention, normally held every year at the fall. The conference happened in various locations around the nation until 2001, once the very first Annual Hot Wheels Collectors Nationals was assembled together. The Hot Wheels Collectors Nationals rotate among cities out of California through the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and has been one of the very first to unite collectors all over the world. He also writes the Tomart’s Guide To Hot Wheels, a publication listing history, car descriptions and values, which can be used by virtually every collector to learn more about the hobby and also their collection. Strauss sold his collection from 2011 and retired in the Hot Wheels Newsletter.
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