It had been the main competitor of Matchbox until 1997, when Mattel bought Tyco Toys, then-owner of Matchbox.
Many automobile manufacturers have licensed Hot Wheels to make scale models of the cars, permitting the use of first design patterns and detailing. Although Hot Wheels were originally intended for kids and young adults, so they have become popular with adult lovers, such as limited edition models are currently made accessible.
Racing track set
Besides the cars themselves, Mattel produced a racing track set (sold separately). Even though it could be upgraded during time, the original track consisted of a string of brightly colored orange road segments (pieced together to form an oblong( circular race track), using a single (or sometimes two) “super hitter” (artificial service channels through which cars passed on the tracks, featuring battery-powered spinning wheels, which could propel the cars across the paths).
During time, Hot Wheels cars are collected mostly by children, but at the last 15 years[vague] there’s been an increase in the amount of adult collectors. Mattel estimates that 41 million children grew up playing with all the toys, the ordinary collector has over 1,550 cars, and kids between the ages of 5 and 15 have a mean of 41 automobiles. Most believe the collecting trend started with this Treasure Hunts in 1995. Mike Strauss was called the father of Hot Wheels amassing; he’s organized two collectors’ events annually in some form since 1986. The very first event was the yearly Hot Wheels Collectors Convention, normally held every year at the fall. The convention happened in various locations around the country before 2001, when the very first Annual Hot Wheels Collectors Nationals was assembled together. The Hot Wheels Collectors Nationals rotate one of cities outside of California through the spring. Strauss has also published the quarterly Hot Wheels Newsletter since 1986 and has been one of the very first to unite collectors all around the world. He also writes on the Tomart’s Guide Into Hot Wheels, a publication listing history, car descriptions and values, which can be used by virtually 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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