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It was the primary competitor of Matchbox before 1997, when Mattel bought Tyco Toys, then-owner of Matchbox.
Many auto manufacturers have licensed Hot Wheels to make scale models of the cars, allowing using first layout blueprints and detailing. Although Hot Wheels were initially meant for children and young adults, so they have become popular with adult collectors, for whom limited edition versions are currently made available.
Racing track Collection
In addition to the cars themselves, Mattel produced a racing track record (sold individually). Although it could be upgraded during the years, the initial trail consisted of a string of brightly colored orange street segments (pieced together to make an oblong( circular race track), together with a single (or occasionally two) “super walkers” (artificial service stations by which cars passed onto the tracks, including battery-powered spinning wheels, which would propel the cars across the tracks).
Through the years, Hot Wheels cars have been gathered mostly by children, but at the last 15 years[vague] there has been a rise in the amount of mature collectors. Mattel estimates that 41 million children grew up playing with all the toys, the typical collector has over 1,550 cars, and kids between the ages of 5 and 15 have a mean of 41 automobiles. Most consider the collecting trend started with the Treasure Hunts in 1995. Mike Strauss was known as the father of Hot Wheels amassing; he has arranged two collectors’ events each year in some sort since 1986. The first event was the yearly Hot Wheels Collectors Convention, usually held each year at the autumn. The convention happened in various locations around the nation until 2001, once the very first Annual Hot Wheels Collectors Nationals was put together. Ever since then, the Conventions are held every year in southern California. The Hot Wheels Collectors Nationals rotate one of cities outside of California during 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. In addition, he writes the Tomart’s Guide To Hot Wheels, a publication listing history, automobile descriptions and values, which is used by virtually every collector to learn more about the hobby and their collection. Strauss sold his group in 2011 and retired in the Hot Wheels Newsletter.
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