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It had been 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, allowing using first layout blueprints and detailing. Although Hot Wheels were initially intended for children and young adults, so they’ve become popular with mature lovers, for whom limited edition versions are now made available.
Racing track set
Along with the cars themselves, Mattel produced a racing track record (sold separately). Although it would be updated throughout the years, the initial trail consisted of a collection of brightly colored orange street sections (pieced together to make an oblong( circular race track), using one (or occasionally two) “super chargers” (faux service stations by which cars passed onto the tracks, featuring battery-powered spinning wheels( which would propel the cars across the tracks).
Through the years, Hot Wheels cars have been collected mostly by children, but in the previous 15 years[vague] there has been a rise in the number of adult collectors. Mattel estimates that 41 million children grew up playing with the toys, the ordinary collector has over 1,550 cars, and children between the ages of 5 and 15 have an average of 41 automobiles. Most consider the collecting trend began with this Treasure Hunts in 1995. Mike Strauss has been called the father of Hot Wheels amassing; he has arranged two collectors’ events each year in some form since 1986. The very first event was the Annual Hot Wheels Collectors Convention, normally held every year at the autumn. The convention happened in a variety of locations around the country until 2001, once the first Annual Hot Wheels Collectors Nationals was assembled together. Ever since that time, the Conventions are held each year in southern California. The Hot Wheels Collectors Nationals rotate one of cities out of California during the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and was one of the very first to unite collectors all over the world. In addition, he writes on the Tomart’s Guide To Hot Wheels, a book listing history, car 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 in 2011 and retired in the Hot Wheels Newsletter.
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