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It had been the main competitor of Matchbox until 1997, when Mattel purchased Tyco Toys, then-owner of Matchbox.
Although Hot Wheels were originally intended for kids and young adults, they have become popular with adult lovers, such as limited edition versions are now made accessible.
Racing track Collection
Besides the cars themselves, Mattel made a racing track set (sold individually). Although it would be upgraded during the years, the initial trail consisted of a string of brightly colored orange road sections (pieced together to form an oblong( circular race track), with one (or two) “super chargers” (faux service stations by which cars passed on the tracks, including battery-powered spinning wheels( which could propel the cars along the paths).
Through time, Hot Wheels cars are collected 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 the toys, the ordinary collector has over 1,550 cars, and children between the ages of 5 and 15 have a mean of 41 automobiles. Most consider the collecting craze began with this Treasure Hunts in 1995. Mike Strauss was called the father of Hot Wheels collecting; he’s organized two collectors’ occasions annually in some form since 1986. The very first event was the yearly Hot Wheels Collectors Convention, usually held every year at the autumn. The conference occurred in various locations around the country before 2001, once the very first Annual Hot Wheels Collectors Nationals was placed together. The Hot Wheels Collectors Nationals rotate among cities outside of California during the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and has been one of the very first to combine collectors all over the world. He also writes on the Tomart’s Guide Into Hot Wheels, a book listing history, automobile descriptions and worth, which can be used by virtually every collector to find out more about the hobby and their own collection. Strauss sold his set in 2011 and retired in the Hot Wheels Newsletter.
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