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Hot Wheels is a brand of 1:64, 1:43, 1:18 and 1:50 scale wracking toy automobiles introduced by American toy maker Mattel in 1968. It was the key competitor of Matchbox before 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 using original design blueprints and detailing. Although Hot Wheels were initially meant for kids and young adults, so they have become popular with mature collectors, for whom limited edition models are now made accessible.
Racing track set
In addition to the cars themselves, Mattel produced a racing track set (sold individually). Although it would be upgraded throughout time, the first trail consisted of a collection of brightly colored orange street sections (pieced together to form an oblong, circular race track), using a single (or two) “super hitter” (faux service stations by which cars passed on the paths, featuring battery-powered spinning wheels, which could propel the cars along the paths).
Through the years, Hot Wheels cars have been gathered mostly by kids, but at the last 15 years[vague] there has been an increase in the number of adult collectors. Mattel estimates that 41 million kids grew up playing with the toys, the ordinary collector has over 1,550 cars, and kids between the ages of 5 and 15 have a mean of 41 cars. Most believe the collecting craze began with this Treasure Hunts at 1995. Mike Strauss was called the father of Hot Wheels amassing; he has arranged two collectors’ events annually in some form since 1986. The first event was the Annual Hot Wheels Collectors Convention, generally held every year in the fall. The conference happened in various locations around the nation until 2001, once the very first Annual Hot Wheels Collectors Nationals was put together. The Hot Wheels Collectors Nationals rotate among cities out of California through the spring. Strauss has also published the quarterly Hot Wheels Newsletter since 1986 and was among the 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 worth, which can be used by virtually every collector to find out more about the hobby along with their collection. Strauss sold his group from 2011 and retired in the Hot Wheels Newsletter.
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