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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 their cars, permitting using first design patterns and detailing. Even though Hot Wheels were originally intended for children and young adults, so they’ve become popular with adult collectors, such as limited edition versions are now made available.
Racing track set
Besides the cars themselves, Mattel made a racing track set (sold separately). Even though it could be updated throughout the years, the original track consisted of a set of brightly colored orange street segments (pieced together to make an oblong, circular race track), together with one (or 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 the years, Hot Wheels cars have been gathered mostly by children, but at the previous 15 years[vague] there has been a rise in the amount of adult collectors. Mattel estimates that 41 million kids grew up playing with all the toys, the normal collector has over 1,550 automobiles, and kids between the ages of 5 and 15 have a mean of 41 automobiles. Most consider the collecting trend began with the Treasure Hunts at 1995. Mike Strauss was known as the father of Hot Wheels collecting; he’s organized two collectors’ occasions annually in some form since 1986. The first event was the yearly Hot Wheels Collectors Convention, usually held each year in the autumn. The convention happened in a variety of locations around the nation until 2001, when the very first Annual Hot Wheels Collectors Nationals was set together. The Hot Wheels Collectors Nationals rotate among cities out of California during the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and was among the very first to combine collectors all over the world. He also writes the Tomart’s Guide To Hot Wheels, a publication listing history, car descriptions and values, which is used by nearly every collector to find out more about the hobby along with their own collection. Strauss sold his group in 2011 and retired in the Hot Wheels Newsletter.
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