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It had been the key competitor of Matchbox before 1997, when Mattel bought Tyco Toys, then-owner of Matchbox.
Even though Hot Wheels were originally meant for kids and young adults, so they have become popular with mature lovers, for whom limited edition versions are currently made accessible.
Racing track set
Besides the cars themselves, Mattel made a racing track set (sold individually). Although it would be updated throughout time, the original trail consisted of a string of brightly colored orange street segments (pieced together to form an oblong, circular race track), together with a single (or sometimes two) “super walkers” (artificial service stations through which cars passed on the paths, featuring battery-powered spinning wheels( which would propel the cars along the paths).
During time, Hot Wheels cars have been collected mostly by kids, but in the past 15 years[vague] there’s been a rise in the number of mature collectors. Mattel estimates that 41 million children grew up playing with the toys, the normal collector has over 1,550 cars, and kids between the ages of 5 and 15 have an average of 41 cars. Most believe the collecting craze started with this Treasure Hunts at 1995. Mike Strauss has been known as 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, generally held every year at the fall. The conference occurred in a variety of locations around the nation until 2001, once the first Annual Hot Wheels Collectors Nationals was set together. The Hot Wheels Collectors Nationals rotate one of cities outside of California throughout the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and was one of the first to unite collectors all over the world. He also writes the Tomart’s Guide Into Hot Wheels, a book listing history, auto descriptions and values, which can be used by almost every collector to learn more about the hobby along with their collection. Strauss sold his collection from 2011 and retired from the Hot Wheels Newsletter.
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