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It had been the main competitor of Matchbox until 1997, when Mattel bought Tyco Toys, then-owner of Matchbox.
Many automobile manufacturers have licensed Hot Wheels to make scale models of their cars, allowing the use of first design patterns and detailing. Even though Hot Wheels were originally meant for children and young adults, they’ve become popular with adult lovers, such as limited edition models are now made available.
Racing track Collection
In addition to the cars themselves, Mattel produced a racing track record (sold individually). Even though it could be upgraded throughout the years, the original trail consisted of a string of brightly colored orange road sections (pieced together to make an oblong( circular race track), together with a single (or sometimes two) “super walkers” (faux service stations through which cars passed on the paths, featuring battery-powered spinning wheels( which would propel the cars across the paths).
During the years, Hot Wheels cars have been collected mostly by kids, but at the previous 15 years[vague] there has been an increase in the amount of mature collectors. Mattel estimates that 41 million children grew up playing with the toys, the average collector has over 1,550 automobiles, and children between the ages of 5 and 15 have an average of 41 cars. Most consider the collecting craze began with this Treasure Hunts in 1995. Mike Strauss has been known as the father of Hot Wheels amassing; he has arranged two collectors’ events annually in some sort since 1986. The very first event was the yearly Hot Wheels Collectors Convention, generally held each year at the autumn. The convention occurred in a variety of locations around the country before 2001, once the very first Annual Hot Wheels Collectors Nationals was put together. The Hot Wheels Collectors Nationals rotate among cities outside of California through the spring. Strauss has also published the quarterly 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 book listing history, car descriptions and worth, which is used by virtually every collector to learn more about the hobby and also their collection. Strauss sold his set from 2011 and retired in the Hot Wheels Newsletter.
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