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It was the key competitor of Matchbox until 1997, when Mattel purchased Tyco Toys, then-owner of Matchbox.
Many auto manufacturers have licensed Hot Wheels to make scale models of the cars, allowing using first layout patterns and detailing. Although Hot Wheels were originally intended for kids and young adults, they’ve become popular with mature collectors, such as limited edition versions are currently made accessible.
Racing track Collection
Along with the cars themselves, Mattel made a racing track record (sold separately). Even though it could be updated during time, the first trail consisted of a string of brightly colored orange road sections (pieced together to make an oblong( circular race track), with a single (or occasionally two) “super walkers” (faux service stations through which cars passed onto the paths, including battery-powered spinning wheels, which would propel the cars along the paths).
During the years, Hot Wheels cars are collected mostly by children, but in the last 15 years[vague] there’s been a growth in the number of mature collectors. Mattel estimates that 41 million kids grew up playing with the toys, the normal collector has over 1,550 automobiles, and children between the ages of 5 and 15 have a mean of 41 cars. Most believe the collecting craze began with this Treasure Hunts in 1995. Mike Strauss has been called the father of Hot Wheels amassing; he’s arranged two collectors’ occasions each year in some form since 1986. The very first event was the Annual Hot Wheels Collectors Convention, usually held each year in the autumn. The convention occurred in various locations around the country until 2001, when the first Annual Hot Wheels Collectors Nationals was set together. Ever since then, the Conventions are held every 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 has been among the first to unite collectors all around the world. In addition, he writes on the Tomart’s Guide Into Hot Wheels, a publication listing history, auto descriptions and values, which can be used by almost every collector to find out more about the hobby and their collection. Strauss sold his collection in 2011 and retired from the Hot Wheels Newsletter.
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