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It was the primary competitor of Matchbox until 1997, when Mattel bought Tyco Toys, then-owner of Matchbox.
Many auto manufacturers have licensed Hot Wheels to make scale models of the cars, permitting the use of first layout patterns and detailing. Although Hot Wheels were originally intended for children and young adults, so they’ve become popular with mature lovers, such as limited edition models are now made available.
Racing track set
In addition to the cars themselves, Mattel produced a racing track record (sold separately). Though it could be upgraded throughout time, the original trail consisted of a set of brightly colored orange road sections (pieced together to make an oblong, circular race track), with one (or sometimes two) “super hitter” (faux service stations by which cars passed on the paths, featuring battery-powered spinning wheels, which could propel the cars across the paths).
Through the years, Hot Wheels cars have been collected mostly by children, but in the last 15 years[vague] there has been an increase in the amount of adult collectors. Mattel estimates that 41 million kids 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 an average of 41 automobiles. Most believe the collecting craze began with this Treasure Hunts at 1995. Mike Strauss has been known as the father of Hot Wheels amassing; he’s arranged two collectors’ events annually in some sort since 1986. The first event was the yearly Hot Wheels Collectors Convention, normally held every year in the fall. The conference occurred in various locations around the nation before 2001, when the first Annual Hot Wheels Collectors Nationals was put together. Ever since that time, the Conventions are held every year in southern California. The Hot Wheels Collectors Nationals rotate one of cities out of California throughout the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and has been one of the first to combine collectors all around the world. In addition, he writes the Tomart’s Guide Into Hot Wheels, a book listing history, automobile descriptions and values, which is used by almost every collector to find out more about the hobby along with their own collection. Strauss sold his set from 2011 and retired from the Hot Wheels Newsletter.
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